XE Market Analysis: Asia – May 13, 2021

The Dollar was a bit choppy in N.Y. on Thursday, though within relatively narrow trading ranges, and overall ending little changed. The DXY started near 90.80, dipped to 90.60, then printed highs of 90.83 into the London close. The hotter than expected April U.S. PPI report did not have the impact Wednesday’s huge CPI gains had on markets, as the Dollar revealed little reaction, while Wall Street rose, and Treasury yields slipped a bit lower. Friday’s U.S.