XE Market Analysis: Asia – Jul 02, 2019

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The Dollar was narrowly mixed in N.Y. trade on Tuesday, though managed to keep the bulk of Monday’s gains. There was no data to move the markets, though that will change on Wednesday, as traders gear up for the ADP jobs report, trade, jobless claims, and factory data. EUR-USD was range bound between 1.1286 and 1.1312, while USD-JPY hot 107.77 lows, down from near 108.30 at the open. USD-CAD remained above the 1.3100 level, though was unable to bounce much despite sharply lower oil prices. Cable hit the skids again, dropping to two-week lows of 1.2584.