XE Market Analysis: Asia – Mar 26, 2021

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The Dollar mostly took a breather on Friday following three-straight sessions of gains. Profit taking was a feature following mixed incoming data, with USD-JPY being the exception, as it posted fresh nine-month high of 109.85 on the back of risk-on conditions and firmer Treasury yields. Personal income fell a bit more than consensus, consumption was weaker than expected, and the advance goods trade deficit was wider than expected. Wall Street moved up on the back of recovery hopes, as the Covid vaccine rollout continues to ramp up.