The dollar is slowly gaining some ground as risk sentiment is starting to get roughed up again now. S&P 500 futures are down 0.2% and we're seeing the greenback post a slight advance across the board. EUR/USD is down 0.3% to 1.0820 on the day:
The pair continues to dribble lower with sellers in near-term control now. There is some minor support around 1.0820 with large option expiries also one to watch at the 1.0800 mark. If the figure level gives way, it should help to shift the tide and mark a more modest retracement to the gains from earlier this month.
Elsewhere, USD/JPY is also seen up 0.5% to 149.55 and GBP/USD down 0.3% to 1.2927 currently. Meanwhile, AUD/USD is down 0.2% to 0.6285 and poised for a fourth straight day of declines.
As we look to the session ahead, there won't be much on the agenda in Europe to shake things up. As such, trading sentiment will continue to rely mostly on the risk mood before we get to the weekend.
This article was written by Justin Low at www.forexlive.com.Hence then, the article about dollar posts slight advance ahead of european trading was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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