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XE Market Analysis: Asia - Aug 30, 2018

By XE Market Analysis

· Currency

By XE Market Analysis

The Dollar index peaked at 94.90 early in the N.Y. session on Thursday, up from overnight lows of 94.47. In-line jobless claims and earnings figures combined with slightly firmer consumption data to support the Greenback. Sticks and yields headed lower on ongoing NAFTA uncertainty. EUR-USD opened near 1.1695, later making its way to 1.1642 lows. USD-JPY faded under 111.05 on risk-off conditions, while USD-CAD rallied early on softer Canada GDP, peaking at 1.3000. Cable remained firm, finding buyers under the 1.3000 level.

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