Dovish comments from Dudley and a poor read about the services sector knocked down the greenback. And finally, after a long period of frustration, EUR/USD made a clear break to the upside, piercing through downtrend resistance. The full reversal of USD/JPY was also impressive, erasing all the BOJ gains. The pound continues enjoying the EU deal talk ahead of Super Thursday and commodity currencies come back as well. The kiwi stands out among the bunch. Will this volatility continue? It seems that only a strong NFP will help the greenback recover and until then, the pressure continues.
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