Dollar loses a bit of ground to start the session – ForexLive

Some mild movement seen across the board

EUR/USD has pared its earlier decline, as the pair moves up from 1.1960 to 1.1980 currently as the greenback is seen near the lows for the day currently.

USD/JPY D1 19-04

Of note, USD/JPY is continuing its downside push to a low of 108.47 – inching closer towards a test of the support region @ 108.34-41 before potentially revisiting 108.00.

Elsewhere, cable is a little higher in search of a sixth straight day of gains as it extends the bounce off the 100-day moving average earlier in the month to 1.3850-60 levels.

Meanwhile, commodity currencies are holding little changed against the greenback for now with USD/CAD still largely hugging the 1.2500 handle to get things going on the session.

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