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USD: Dovish Waller Remarks Take Shine off Greenback, DXY Now Unchanged

USD
  • The Dovish Waller comments have snapped any prior greenback optimism and the USD index now trades back down to unchanged on the session. The move lower in US yields has seen the most notable impact for USDJPY which is now back at 143.70 from prior session highs around 144.50.
  • GBP continues to be an outperformer on the session and the latest greenback dip sees cable rise once again above 1.3300. This morning’s high at 1.3340 represented the highest level for the pair since March 2022.
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  • The Dovish Waller comments have snapped any prior greenback optimism and the USD index now trades back down to unchanged on the session. The move lower in US yields has seen the most notable impact for USDJPY which is now back at 143.70 from prior session highs around 144.50.
  • GBP continues to be an outperformer on the session and the latest greenback dip sees cable rise once again above 1.3300. This morning’s high at 1.3340 represented the highest level for the pair since March 2022.