The greenback has pared losses on the day, moves to session highs
The dollar is posting gains across the board with EUR/USD and GBP/USD falling to session lows of 1.1644 and 1.3180 respectively. Cable will be the pair in focus with the UK services and composite readings for June due out at the bottom of the hour.
The pair is now making a move below the 200-hour MA (blue line) and testing a move under the 50.0 retracement level @ 1.3182 as well.
The dollar is also inching higher against commodity currencies too with USD/CAD at session highs of 1.3161 and the dollar paring all losses against the aussie right now with AUD/USD virtually flat at 0.7383.
