XE Market Analysis: North America – Mar 14, 2019

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The Dollar has traded generally firmer, rebounding after several successive days of decline. The narrow trade-weighted USD index has gained 0.3% in making a high of 96.77, while EUR-USD has concurrently ebbed to a low of 1.1301, off from yesterday’s nine-day high at 1.1338, which was seen after soft U.S. PPI figures. Final February Eurozone CPI was revised down to 1.5% y/y from 1.6%, which helped tilt EUR-USD towards the bearish end of the scales.