XE Market Analysis: Asia – Nov 13, 2020

The Dollar was modestly lower in N.Y. trade on Friday, resulting in the DXY falling from lows of 92.91 to 92.75 in early afternoon. Major Dollar pairings were largely held to narrow trading bands, but risk-on conditions weighed fairly broadly on the safe-haven Greenback. Wall Street rallied, with markets holding out hope for a Covid vaccine sooner rather than later, and apparently looking through the current virus spikes seen in the U.S.