XE Market Analysis: Europe – Mar 06, 2019

The Dollar has continued to hold generally firm, posting gains versus a sharply weaker Australia Dollar, which was hit by a miss in Australian GDP data, and printing a new two-month high versus the Canadian Dollar while holding near highs seen against the Euro and Sterling, among other currencies, yesterday. Yesterday’s U.S. ISM services and new home sales data were pretty healthy, underscoring the relative health of the U.S. economy, and keeping the Dollar buoyed despite back-to-back declines in Treasury yields and lingering uncertainty on the U.S.-China trade front after U.S.