XE Market Analysis: Asia – Sep 15, 2020

The Dollar headed mostly higher through the N.Y. morning session on Tuesday, after fading through the overnight session. Decent U.S. data helped sentiment, as the Empire State index rose more than expected. The 0.4% industrial production gain was smaller than expected, but it followed big upward revisions that left August levels that were just modestly short of assumptions. Wall Street rallied, lifted by tech stocks, stronger China data, and vaccine hopes while Treasury yields were slightly higher. EUR-USD opened near the 1.9000 high, later falling to 1.1840.