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The dollar has advanced further now this morning and that has seen the GBP/USD fall to set fresh session lows around 1.3275. It is a similar path for the EUR/USD and as expected that has now fallen further, towards 1.1350. At the same time the USD/JPY has advanced towards the 164 handle once more, but not yet surpassed the current 2026 and 40 year high, at 163.99. The high so far has been set at 163.94.
So, the upshot of all those moves has been to lift the Dollar index to a new interim high, at 101.64. It has just stepped back from that right now, but once again we note the proximity of the 2026 high seen a while back, when it reached 101.80. The index is right now at 101.60
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