Dollar lags behind as the European session begins

Author: Justin Low | Category: News

The kiwi is leading the charge

The greenback is still suffering from a mild hangover after yesterday's weak CPI report and the more positive tones in equities today is helping the kiwi and aussie pull a little ahead of the rest of the major bloc. The kiwi is of course also underpinned from positive domestic and Chinese data releases earlier.

The ranges for the major pairs are still relatively subdued though, so let's hope for more action to come in the hours ahead. Here's the ranges for dollar pairs so far today:

  • EUR/USD - 11 pips
  • USD/JPY - 29 pips
  • GBP/USD - 19 pips
  • USD/CHF - 25 pips
  • USD/CAD - 18 pips
  • AUD/USD - 27 pips
  • NZD/USD - 27 pips

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