The US dollar saw a day of mostly small losses during a quiet trading period, with little significant data released. The notable point for the US currency came in relation to the Japanese yen, where it hit its lowest point in three months. This came thanks to investors buying in to the safer-haven currency, as global economic growth signs remained slow.
Today is another quiet one with regards to physical data, although later this evening there are speeches from two members of the Federal Open Market Committee (FOMC). With investors looking ahead to tomorrow’s more influential minutes release, the members’ words could provide some clues as to their sentiment for the future prospects of the currency.
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