XE Market Analysis: Asia – Feb 13, 2019

The Dollar rallied in N.Y. on Wednesday, getting an early boost from a tame CPI outcome, though stronger average hourly earnings. Stocks and yields firmed up, as hope that Trump will sign the agreed to spending bill by the Friday deadline percolated higher. EUR-USD printed 1.1273 lows, down from near 1.1345. USD-JPY popped over 110.90 on the back of risk-on conditions, while USD-CAD was range bound, though remained weighed down by firm oil prices. Cable steadied near 1.2850.

[EUR, USD]