Forex
Dollar weakens as euro, pound and Aussie gain ground
The greenback loses altitude against most major peers, while Latin American and Asian crosses stay mixed.
The dollar index falls 0.4% to 100.495, extending its recent slide. Against the majors, EUR/USD rises 0.8% to 1.1471, GBP/USD jumps 1.5% to 1.3541, and AUD/USD gains 1.3% to 0.7009.
The yen is firmer, with USD/JPY down 0.2% to 162.114. Swiss franc strength shows up too, as USD/CHF drops 1.2% to 0.8049.
Commodity-linked and emerging-market crosses are more mixed. USD/CAD falls 0.8% to 1.4039, USD/MXN drops 0.9% to 17.367, USD/ZAR declines 0.9% to 16.3175, and USD/KRW falls 0.7% to 1487.2. USD/INR edges down 0.1% to 96.245.
FXStreet headlines point to a softer USD, inflation data weighing on the peso, and high oil keeping some Asia FX gains limited. The provided data also show the dollar above its 200-day average even after today’s pullback.