XE Market Analysis: Asia – Feb 15, 2019

The Dollar index pulled back from near one-month highs in N.Y. on Friday, dipping just under 97.00, after peaking at 97.37 early in the session. Pre-weekend profit taking was a driver, coming as the U.S. and China extended trade talks through next week in Washington. The news reversed some of the Greenback’s safe-haven flows seen earlier in the week. EUR-USD topped over 1.1290 from 1.1235 lows, while USD-JPY peaked at 110.64 before dipping to 110.39 lows. USD-CAD dipped to 1.3255 as oil prices rallied. Cable meanwhile, topped over 1.2880.

[EUR, USD]