Dollar under slight pressure as core yields are off the highs
With little high profile news on the agenda, trading in the major currency cross rates was technical in nature and order driven. The dollar lost some ground against the yen and the euro as US bond yields came off the highs. Sterling was supported by strong UK labour market data, but a sustained break below the EUR/GBP 0.84 area didn’t occur.
Read the full report: FX Daily
KBC