XE Market Analysis: Asia – Jun 10, 2021

The Dollar was choppy in N.Y. on Thursday, though ultimately ended the session slightly lower overall. Treasury yields initially popped on the back of the hotter U.S. PPI and better jobless claims data, which helped the USD at first, though yields later eased back toward Wednesday’s lows, as markets continue to believe the Fed that inflation is transitory. The DXY subsequently pulled back, ending the session near 90.08, after ranging between 90.31 and 89.99. Wall Street looked through the surge in CPI, with major indices all higher into the close. Friday’s U.S.

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