XE Market Analysis: Asia – Feb 14, 2019

The dollar sold off sharply following the worst U.S. retail sales report since 2009. PPI data was mixed, while jobless claims were higher than expected. This resulted in equity futures and Treasury yields move sharply lower. Later, reports that the U.S. and China remain far apart on trade, saw safe-haven flows pick the Greenback up some. EUR-USD popped to 1.1310 from 1.1260 lows, then eased back under 1.1270, while USD-JPY fell to 110.50 from 111.05, before topping 110.80.