The dollar is a touch lower but the ranges for the day are still very narrow
The ranges among major currencies are still very narrow so the moves here aren’t really saying a lot. EUR/USD is keeping in a 24 pips range while USD/JPY sits in a 19 pips range.
Treasury yields are hovering just above 1.50% and that is one key spot to watch going into North American trading in case there is a technical break that could trigger some weakness in the dollar (and also yen strength).
Besides that, keep an eye on the loonie as oil is staying perky above $70 and also with the BOC policy decision coming up. USD/CAD has been trading sideways in recent weeks, consolidating as sellers pause for breath just above the 1.2000 handle.