XE Market Analysis: Asia – Mar 25, 2021

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The dollar advanced broadly in N.Y. trade on Thursday, getting a boost from better than expected jobless claims, and an upgrade revision to Q4 GDP. The DXY printed a fresh four-plus month high of 92.92, with the USD posting gains against most major currencies. Firmed up Treasury yields helped Dollar sentiment as well. Wall Street was choppy, remaining in the red through much of the morning, despite the stronger data. Stocks turned partially positive in afternoon trade, though the NASDAQ underperformed on ongoing valuation concerns. Friday’s U.S.