With most of Europe still closed for Easter Monday, Japanese and US traders took the opportunity the push the dollar lower. Trading was extremely erratic as Japanese traders initiated the first wave of dollar selling in the Asian trading hours as dollar bulls took profit ahead of the US Treasury International Capital (TIC) flow report.
In the daily currency technicals, the euro looks towards 1.2200, the Japanese yen quietly gets stronger, the British pound challenges 1.7600, and the Swiss franc tests 1.2900.
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