XE Market Analysis: US Dollar Adds to Gains

OVERVIEW

  • USD trading broadly higher.
  • GBP higher on a report that the EU parliament will allow ‘privileged’ access to the single market.
  • CAD weaker after dropping in wholesale trade.
  • EUR softer after a drop in German ZEW survey.
  • AUD flat after RBA minutes signal rates to remain on hold.
  • SEK falls sharply after inflation miss.

HIGHLIGHT