XE Market Analysis: Asia – Mar 02, 2021

Risk-off conditions in Asia saw the Dollar rally, though European stocks rallied, and Wall Street largely retained Monday’s sharp gains, resulting in the safe-haven USD ease lower through the N.Y. session. The DXY had printed a near four-week high of 91.39 overnight, though later bottomed at 90.75 after the London close. There was nothing in the way of market moving incoming data on Tuesday. Wall Street was mixed, but kept the bulk of Monday’s huge gains.