XE Market Analysis: Asia – Jul 25, 2018

The Dollar index posted moderate gains to 94.64 through the morning session, though headed toward one-week lows at 94.30 into the close. Softer new home sales had little impact on the FX market, though a solid 5-year Treasury auction weighed on the dollar in afternoon dealings. EUR-USD rallied to 1.1711 highs, up from a 1.1665 low. USD-JPY fell to two-week lows of 110.66 from 111.12 highs. USD-CAD fell to 1.3033 on NAFTA hope, while cable followed EUR-USD higher, topping at 1.3180.

[EUR, USD]