Forex
Dollar edges lower, but yen and peso moves stand out
The greenback slips on the index, while individual currency pairs move in different directions.
The dollar index slips 0.1% to 100.994. That is a modest move, but several pairs show sharper action underneath the surface.
USD/JPY rises 0.2% to 162.492, keeping the yen weak. USD/CHF gains 0.3% to 0.8078, and USD/MXN climbs 1.0% to 17.55. By contrast, USD/CAD falls 0.3% to 1.4162 and USD/KRW drops 1.7% to 1502.65.
The euro loses 0.1% to 1.143, while GBP/USD is nearly flat at 1.3401. AUD/USD slips 0.2% to 0.694, and USD/ZAR jumps 1.2% to 16.3842. The overall picture is not a clean dollar rally, it is a mixed FX tape with a few sharp country-specific moves.
FXStreet headlines point to a stronger dollar backdrop after Fed minutes revived tightening bets, which fits the firmer yields seen in Treasuries today.