XE Market Analysis: Asia – Sep 15, 2015

The dollar rallied broadly in N.Y. on Tuesday, aided by retail sales and production data, which were good enough to keep a Fed rate hike on the table for Thursday. In addition, stocks rallied, and yields moved higher, providing a safe environment for dollar bulls. EUR-USD fell to three-session lows under 1.1260, after peaking at 1.1328 early in the session. USD-JPY meanwhile, cracked the 120 level, peaking at 120.49, and up from lows near 119.60 at the open.