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Dollar index extends gains above 104.00
The dollar is making further progress right now. The GBP/USD has just this minute hit session lows underneath 1.2640 and the EUR/USD is trading close to 1.0815. The USD/JPY is nearing that 150.84 high seen earlier this week. The USD/JPY is currently testing 150.80. So, the upshot of all this has delivered a move above the noted 100 day moving average in the USD index (USDX). The index has now lifted to around 104.10. The strength of the dollar right now probably has many traders scratching their heads, and once again I note very little, if no movement in the US treasury yields
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GBP/USD has a look below 1.3100 this morning
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