US dollar bounced around as month-end and low liquidity dominate
Dollar gives back some gains
It's tough to make sense of forex moves when month-end flows begin to dominate. A wave of US dollar selling just went through the market into the options cut. In less than an hour we will get the London fix in what could spark another sharp move.
Flows are especially dominate today because liquidity is thinned with the US holiday so be cautious.