The dollar is down for a third consecutive day, as measured by the narrow trade-weighted DXY USD index, which pegged a three-day low at 93.43. EUR-USD has remained buoyant, though has so far held below the 1.1781-82 highs seen over the last couple of days. Cable has seen a similar price action, while AUD-USD posted a three-day high at 0.7188 and USD-CAD a 17-day low at 1.3178. A near 11% rise in oil prices over the last week has been supportive of the Canadian dollar, and other oil-correlating currencies.
For more info about this post:
Rate an article for points!