For the third day in a row, the US dollar has outperformed the other major currencies. The market is continuing to readjust its expectations for the monetary policy meeting at the end of this month.
In the daily currency technicals, the euro tests 1.2800, the British pound temporarily breaks 1.8600, and the Swiss franc is stronger than the other majors.
With no economic data to garner major moves, traders took to comments by two Federal Reserve members that hinted further at higher inflationary figures and resultant hikes in benchmark rates.
In the daily currency technicals, the euro is ready for a deeper correction, the Japanese yen bounces off of support, and the British pound fails to hold 1.8800.
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