XE Market Analysis: Asia – Mar 13, 2019

The Dollar lost ground in N.Y. on Wednesday, taking the DXY to seven session lows of 96.65, and briefly under its 20-day moving average. Incoming U.S. data was Wall Street friendly, as cooler PPI combined with better durable orders and construction spending to lift stocks. In FX Land, the Pound led the USD lower, as Cable soared over 1.3230 ahead of this evening’s no-deal Brexit vote. EUR-USD was lifted to 1.1315 highs from opening lows under 1.1290. USD-JPY fell from 111.46 to 111.20, as USD-CAD eased to 1.3312 from 1.3361 on higher oil prices.

[EUR, USD]