XE Market Analysis: Asia – Mar 26, 2019

After rising some early in the session the Dollar was largely steady through the close. The DXY had opened near 96.45, later stabilizing between 96.62 and 96.74. Incoming U.S. data was on the soft side, with housing starts, consumer confidence and Philly Fed index all missing the mark. None of the releases had much impact on the FX market. Yields edged up from yesterday;s lows, as Wall Street rallied, with markets apparently moving away from the “sky is falling” mentality seen after the Fed and the brief inversion of the U.S. yields curve.