Forex Becalmed With The Greenback Mostly Firmer In Narrow Ranges


Source: seekingalpha.com seekingalpha.com

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narvikk Overview Outside of the Australian and New Zealand dollars, which are off by 0.20-0.25%, the other G10 currencies are little changed and mostly softer in narrow ranges. A firm Tokyo CPI, mostly on base effects and softer rates, helped keep the US dollar below the recent highs against the Japanese yen. Most emerging market currencies are lower, led by the Malaysian ringgit. Meanwhile, the Hungarian forint is stabilizing after extending losses to new record levels against the euro. The new news among US data today is the ISM services. It is expected to have softened, but disappointment could weigh...