XE Market Analysis: Asia – Jul 11, 2018

The dollar index printed seven-session highs of 94.71, crossing above the 20-day moving average (94.65) in the process. EUR-USD topped at 1.1758 before sliding to 1.1668 lows. USD-JPY rallied to a six-month high of 112.05 from early lows of 110.97, in a technical move. USD-CAD slid to 1.3068 lows after the BoC hiked rates, though later rallied over 1.32 as oil prices dove 4% lower. Cable fell to 1.3201 lows, following the euro’s coattails.

[EUR, USD]