XE Market Analysis: Asia – Mar 01, 2019

The Dollar got beat up a little in early N.Y. trade on Friday, with sentiment dented by misses in the manufacturing ISM, and a softer than expected University of Michigan consumer sentiment outcome. Wall Street and yields moved higher, as hopes for progress on U.S.-China trade talks rose. The DXY bottomed at 96.13 before turning higher. The index later topped at 96.49, a one-week high. EUR-USD headed from 1.1408 highs to 1.1363 lows, while USD-JPY rallied from 111.64 lows, to top at 111.98.