XE Market Analysis: Asia – Jul 27, 2020

The DXY fell to two-year lows of 93.48 in N.Y. on Monday, down from 94.40 highs seen in Asian hours. Incoming data has the June durables report, where order rose a better than consensus 7.3%. As has been the case of late, there was little if any market reaction. Wall Street made headway, led by the NASDAQ as the agreement between the White House and GOP lawmakers tempers the uncertainty over the ability to deliver another spending bill.