XE Market Analysis: North America – Feb 12, 2018

The dollar mostly recovered moderate losses seen in Asia, where conditions were thin today in the absence of Tokyo markets. The narrow trade-weighted USD index (DXY) is presently down 0.2% at 90.24, up from the day’s low at 90.08, which is a two-session low. EUR-USD backed off after logging a high of 1.2297, with the pair meeting decent selling interest into 1.2300, settling back in the mid 1.2200s.