The dollar has rebounded today after several days of losses against its main peers. USD-JPY led the way, tracking a rebound in risk appetite in Asian equity markets, aided by encouraging corporate earnings reports and a stabilization in oil and other commodity prices. The pair has logged an intraday high at 113.25, which is 2 pips shy of yesterday’s peak and up from yesterday’s four-week low at 112.48. EUR-USD ebbed to a low of 1.1775, down over 80 pips from yesterday’s peak.
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