Dollar having a mixed performance following the release of the Dec FOMC minutes yesterday
The dollar gained in early Asian trading following the release of the December FOMC meeting minutes and also stronger than expected ISM manufacturing PMI data. But gains were limited and mostly pared against currencies like the NZD, AUD, and EUR.
NZD leads the way on the day after NZD/USD caught a bid following a bounce off yesterday's lows. The pair is still capped by the resistance levels sitting at 0.7107 as I highlighted here.
Other pairs are mostly unchanged on the day with the dollar giving back some of its overnight gains. The Japanese yen is the laggard so far today as traders in Japan return into action - in which we saw the Nikkei close the day above the 23,000 mark, the first time that has happened since January 1992.
In case you missed it, here's what to expect in terms of economic data in the European session today.
