XE Market Analysis: Asia – May 27, 2021

The Dollar firmed up in morning trade, pulled back some, then turned modestly higher at mid-session. Moves were modest, leaving the DXY inside a 90.09 to 89.92 trading range. Incoming data were mixed, seeing a miss in durable orders and pending home sales, while revised GDP was unchanged from the preliminary release, a but light of expectations. Initial jobless claims printed a pandemic low, which was mildly USD supportive. Wall Street posted modest gains on the back of the better claims data, while yields moved higher, also a Greenback positive. Friday’s U.S.

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