Dovish FOMC minutes on Wednesday have hammered the buck, falling across the board at the same time that risk-off trade was spiraling, propelling the high-beta currencies and the risk-associated assets.
In the data front, the weekly labor market report showed a slight increase in the Initial Jobless Claims, while manufacturing Markit PMI rose to 51.9 in August and New Home Sales gained 3.6% MoM in July.
At the moment: AUD -0.40%, EUR +0.06%, GBP -0.05%, NZD +0.21%, CAD +0.07% CHF -0.08% and JPY -0.08%. Wall St. is down 0.63% at 13,088 pts. and S&P500 is retreating 0.60% at 1,407 pts. WTI is up 0.37% at $97.57/bbl and Gold is gaining 0.73% at $1,665
The index is down 0.09% at 81.45 and according to www.tradingcentral.com, the next support lies at 81.30 followed by 81.25 and then 81.00
On the flip side, a breakout of 81.80 would expose 82.10 and then 82.30