USD is now the weakest of the majors

Technical Analysis

Author: Greg Michalowski | usd

Edging out the CHF and the JPY as the weakest

The dollar's run to new session lows against the EUR, GBP, CAD, AUD and NZD have helped to push the USD to the weakest of the major pairs.   

Edging out the CHF and the JPY as the weakest
The largest declines are vs. the GBP, AUD, NZD and CAD. the USD is little changed  vs the EURU, JPY and CHF, but gains vs those currencies earlier in the day have now been reversed. The only pair not making an extreme in the last hour has been the USDJPY which trades in the middle of its narrow trading range (39 pips today).  

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