XE Market Analysis: Asia – Mar 21, 2019

The Dollar shrugged off Wednesday’s dovish FOMC result in N.Y. on Thursday, as the DXY rallied to pre-Fed levels though the session. The resiliency of the dollar was impressive given the FOMC, though this could be a case of the USD being the cleanest dirty shirt in the hamper. The DXY bounced to above pre-FOMC levels, topping at 96.63, and up from 95.74 lows after the Fed on Wednesday. EUR-USD dropped to 1.1343 from opening levels near 1.1400. USD-JPY caught a bod with Wall Street, peaking at 110.95, up from 110.40 lows.