It's a quiet day in the market so far, but inch by inch the dollar is slipping
The dollar index is now down 0.23% on the day, while European currencies have topped the loonie in terms of outperformance.
The swissie and the euro lead the charge as USD/CHF touches sesion lows of 0.9528 and EUR/USD touches a high of 1.2285 on the day. Cable is also trading at highs of 1.4039 currently.
Commodity currencies in the mean time seem to be surrendering some gains with the kiwi back down near session lows and the loonie also paring some of its earlier gains.
It's a mixed bag out there at the moment, as traders look to position themselves ahead of the FOMC meeting later.
