EUR/USD: drops to session lows as US yields firm, 100-D SMA to support around 1.1650/60's
|EUR/USD has dropped to 1.1654. EUR/USD has traded as high as 1.1724. DXY just popped from 94.49 to 94.51 for a high for the day...
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Strong Pound, Weak Dollar
Trade war latest developments have hurt demand for the greenback, helping the GBP/USD pair to hold on to gains near 6-week highs. Critical 1.3170 resistance holding, for now.
USD/JPY stays at 9-week highs near 112.40 as DXY steadies above 94.50
The USD/JPY pair surged to its highest level since July 20 at 112.40 during the American trading hours and preserves its gains around this level as the improved market sentiment doesn't allow the JPY to find demand as a safe-haven.
