US Session: The Dollar Recoups Losses On Fed-Speak And Mediocre Equity Market Performance





G10 Advancers and Decliners vs USD
GBP -0.24
JPY -0.41
EUR -0.90
CHF -1.08
The USD has recouped some of its recent losses today as equity markets failed to sustain the positive momentum of yesterday’s strong rally. EURUSD has sold off markedly from its early visit to 1.4999 highs to touch a low of 1.4826; dangerously close to confirming a break of the 12-month uptrend, and just above 1.4815 key support. Tomorrow’s Eurozone data is unlikely to be market-moving with just…

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