{"id":1320,"date":"2021-06-09T09:06:00","date_gmt":"2021-06-09T12:06:00","guid":{"rendered":"https:\/\/wintrademarkets.com\/news\/?p=1320"},"modified":"2021-06-09T09:06:02","modified_gmt":"2021-06-09T12:06:02","slug":"dollar-mildly-softer-as-major-currencies-keep-quieter-so-far-on-the-day","status":"publish","type":"post","link":"https:\/\/wintrademarkets.com\/new\/2021\/06\/09\/dollar-mildly-softer-as-major-currencies-keep-quieter-so-far-on-the-day\/","title":{"rendered":"Dollar mildly softer as major currencies keep quieter so far on the day"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The dollar is a touch lower but the ranges for the day are still very narrow<\/h2>\n\n\n\n<p>EUR\/USD is inching a little towards 1.2000 while GBP\/USD is holding around 1.4170 levels after BOE Haldane&#8217;s remarks earlier in the day\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.forexlive.com\/centralbank\/!\/boes-haldane-uk-economy-going-gangbusters-at-the-moment-20210609\" target=\"_blank\">here<\/a>.<\/p>\n\n\n\n<p><br>The ranges among major currencies are still very narrow so the moves here aren&#8217;t really saying a lot. EUR\/USD is keeping in a 24 pips range while USD\/JPY sits in a 19 pips range.<\/p>\n\n\n\n<p><br>Treasury yields are hovering just above 1.50% and that is one key spot to watch going into North American trading in case there is a technical break that could trigger some weakness in the dollar (and also yen strength).<\/p>\n\n\n\n<p><br>Besides that, keep an eye on the loonie as oil is staying perky above $70 and also with the BOC policy decision coming up. USD\/CAD has been trading sideways in recent weeks, consolidating as sellers pause for breath just above the 1.2000 handle.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/az705044.vo.msecnd.net\/20210609\/9-6-2021-6-51-26-pm.png\" alt=\"USD\/CAD D1 09-06\"\/><\/figure>\n\n\n\n<p><em>Source:<a href=\"https:\/\/www.forexlive.com\/technical-analysis\/!\/dollar-mildly-softer-as-major-currencies-keep-more-quiet-so-far-on-the-day-20210609\" data-type=\"URL\" data-id=\"https:\/\/www.forexlive.com\/technical-analysis\/!\/dollar-mildly-softer-as-major-currencies-keep-more-quiet-so-far-on-the-day-20210609\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.forexlive.com\/technical-analysis\/!\/dollar-mildly-softer-as-major-currencies-keep-more-quiet-so-far-on-the-day-20210609<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The dollar is a touch lower but the ranges for the day are still very narrow EUR\/USD is inching a little towards 1.2000 while GBP\/USD is holding around 1.4170 levels after BOE Haldane&#8217;s remarks earlier in the day\u00a0here. The ranges among major currencies are still very narrow so the moves here aren&#8217;t really saying a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1051,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":{"0":"post-1320","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\/1320","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=1320"}],"version-history":[{"count":1,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1320\/revisions"}],"predecessor-version":[{"id":1321,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/posts\/1320\/revisions\/1321"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media\/1051"}],"wp:attachment":[{"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/media?parent=1320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/categories?post=1320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wintrademarkets.com\/new\/wp-json\/wp\/v2\/tags?post=1320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}