{"id":1188,"date":"2021-05-25T09:50:41","date_gmt":"2021-05-25T12:50:41","guid":{"rendered":"https:\/\/wintrademarkets.com\/news\/?p=1188"},"modified":"2021-05-25T09:50:44","modified_gmt":"2021-05-25T12:50:44","slug":"dollar-keeps-lower-so-far-on-the-session","status":"publish","type":"post","link":"https:\/\/wintrademarkets.com\/new\/2021\/05\/25\/dollar-keeps-lower-so-far-on-the-session\/","title":{"rendered":"Dollar keeps lower so far on the session"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">EUR\/USD hovers at its highest levels since January<\/h2>\n\n\n\n<p>There was a bout of dollar weakness as European traders entered earlier, helped by the fact that USD\/CNH fell below the 6.40 level to its lowest since 2018.<\/p>\n\n\n\n<p>v<br>But since then, the dollar&#8217;s decline has been kept in-check with not much of an extension seen. EUR\/USD is trading around 1.2250-60 currently, holding at its highest levels since January with perhaps\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.forexlive.com\/!\/fx-option-expiries-for-25-may-10am-new-york-cut-20210525\" target=\"_blank\">large expiries<\/a>\u00a0rolling off later limiting gains for now:<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/az705044.vo.msecnd.net\/20210525\/25-5-2021-6-12-50-pm.png\" alt=\"EUR\/USD D1 25-05\"\/><\/figure>\n\n\n\n<p>From a technical perspective though, buyers will need to secure a daily close above the 25 February high @ 1.2241 to establish a more solid platform for the next leg to follow.<\/p>\n\n\n\n<p>Elsewhere, GBP\/USD is up slightly to 1.4174 on the day but has backed off earlier highs of 1.4211 as the 1.4200 level still poses a challenge for buyers in general.<\/p>\n\n\n\n<p>Commodity currencies are looking more mixed against the greenback with the USD\/CAD flat around 1.2045 while AUD\/USD is up slightly at 0.7760 currently<\/p>\n\n\n\n<p><em>Source: <a href=\"https:\/\/www.forexlive.com\/technical-analysis\/!\/dollar-keeps-lower-so-far-on-the-session-20210525\" data-type=\"URL\" data-id=\"https:\/\/www.forexlive.com\/technical-analysis\/!\/dollar-keeps-lower-so-far-on-the-session-20210525\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.forexlive.com\/technical-analysis\/!\/dollar-keeps-lower-so-far-on-the-session-20210525<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EUR\/USD hovers at its highest levels since January There was a bout of dollar weakness as European traders entered earlier, helped by the fact that USD\/CNH fell below the 6.40 level to its lowest since 2018. vBut since then, the dollar&#8217;s decline has been kept in-check with not much of an extension seen. EUR\/USD is [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1035,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":{"0":"post-1188","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-daily-news"},"_links":{"self":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1188","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/comments?post=1188"}],"version-history":[{"count":1,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1188\/revisions"}],"predecessor-version":[{"id":1189,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1188\/revisions\/1189"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media\/1035"}],"wp:attachment":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media?parent=1188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/categories?post=1188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/tags?post=1188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}