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Dollar continues to pare losses as US players return- EUR/USD slips back towards 1.1350
There are no US economic releases due out today and besides the focus for the markets is very much still on the next Trump, or Trump team comment about tariffs and the like. So, as early US participants return to the markets the dollar is winning back some ground it lost earlier this morning. The USD/JPY is pushing above 143.35 and the the EUR/USD is falling back towards 1.1350. At the same time, it is important to note; that with the current more extensive ranges in the major pairings now, such a move is far from conclusive and could soon be reversed again. That especially applies to the EUR/USD and the USD/JPY at the moment, as the two main avenues for for USD flow. The EUR/USD peaked earlier in Europe at 1.1425. It is trading right now at 1.1359
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