Dollar gives back gains
The euro and pound are back to unchanged on the day as they erase declines from the start of US trading.
Today’s trading is a bit like calling a sporting event where nothing is happening. There’s some back and forth but no one is scoring.
The latest pop in EUR/USD and GBP/USD comes after the options cut. There were some expiries and that might explain some of the flows ,particularly in a directionless market.
Whatever it was, the euro is now once-again flat on the day at 1.1749.
