XE Market Analysis: Asia – Nov 20, 2020

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The Dollar bounced slightly through the N.Y. session on Friday, with pre-weekend short-covering driving much of the move, following a relatively soft performance through the week. The DXY topped at 92.42, after hitting 92.25 lows early in the session. There were no data to drive markets, and it appeared traders stayed close to the sidelines ahead of the upcoming Thanksgiving abbreviated week. Wall Street was mostly lower, though stay at home stocks supported the tech-heavy NASDAQ.