XE Market Analysis: Asia – Jun 28, 2018

The dollar edged a bit lower early in the session following a downwardly revised Q1 U.S. GDP outcome, and slightly higher jobless claims. The DXY bottomed at 95.11 before bouncing to 95.36 highs. The greenback again faded, though recovered into the close. EUR-USD chopped around between 1.1601 and 1.1553, while USD-JPY posted one-week highs of 110.56. Cable peaked at 1.3107 after putting in a near eight-month low of 1.3050 early on. USD-CAD slipped to 1.3242 on the back of oil price gains.

[EUR, USD]