Forex Today: Aussie outperforms in Asia, a light calendar ahead
The US dollar started the week on the back foot across the board, which emerged the main underlying theme in Asia this Monday, helping most majors recover some ground, as Treasury yields sagged. The Aussie emerged the strongest while the Kiwi traded better offered amid negative oil prices and downbeat New Zealand services PMI data. The USD/JPY pair managed to reverse a dip, but traded neutral below the 109.50 levels, as the USD bulls lose last week’s bullish momentum.
By - Fx Street
