XE Market Analysis: Asia – May 24, 2018

Firmer jobless claims, and softer existing home sales, and the U.S. pullout of the summit with North Korea combined to dent USD sentiment in N.Y. trade on Thursday. USD-JPY was impacted the most on the NK story, falling back to lows of 108.96 from highs over 109.70. EUR-USD rallied to 1.1750 highs. USD-CAD firmed up some as WTI crude prices rolled lower, while cable steadied on either side of 1.3400.

[EUR, USD]