XE Market Analysis: All is Quiet on the Currency Market Front (Roll Tumbleweeds)

OVERVIEW

  • The Dollar Index is consolidating around 2019 highs, as the euro and pound fall apart.

  • USD/CAD loses steam and returns inside a 1.34-1.35 range.

  • NYMEX WTI crude steadies just below $60.00, after dropping to a 2-month low.