The greenback pares gains across the board as stocks push higher

Of note, the dollar has almost pared all of its gains against the commodity currencies with NZD/USD bouncing off its 200-hour moving average and lows of 0.7167 to 0.7197 now - just shy of the day's high of 0.7204.

USD/CAD also also fallen from 1.2783 to 1.2747 while AUD/USD is keeping slightly lower around 0.7700 but off earlier lows seen around 0.7669 to start the session.

Elsewhere, EUR/USD is back up to 1.2130 and contesting its key hourly moving averages once again @ 1.2129-47 while GBP/USD is off lows of 1.3610 to trade at 1.3654 now.

This comes as European indices are keeping a solid advance since the open and we have also seen US futures turn around with S&P 500 futures nearly paring all of its losses:

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