XE Market Analysis: Asia – Nov 13, 2015

Aside from a brief dip in the aftermath of the weaker retail sales and negative PPI data, the dollar rallied broadly in N.Y. on Friday. The unit moved to session highs following the better Michigan sentiment data, though gains were likely limited by another red day on Wall Street, where earning and global growth concerns weighed heavily on stocks this week. After peaking at 1.0795 after the early data, EUR-USD fell to session lows of 1.0718 before steadying near 1.0730. USD-JPY made 122.44 lows, before managing to rally back to 122.98.