The dollar has rebounded out of a fresh eight-week low at 90.68 by the measure of the DXY index, rising back above 91.0. EUR-USD concurrently ebbed to within a few pips of yesterday’s low at 1.2061, which was seen after the pair capped out at 1.2117, and Cable posted a low at 1.3870, some 60 pips down on yesterday’s peak. USD-JPY printed a one-week high at 108.39, aided by a measure of broader yen weakness after the BoJ trimmed inflation forecasts. The greenback also made headway against the Australian dollar and its dollar bloc brethren.
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