Dollar falls to the lows for the day

The greenback is languishing on the session as we see major currencies extend gains across the board, with exception of the yen - which is still under pressure as well.

USD/JPY is sitting slightly lower around 114.00-10 as it has throughout the session but the rest of the major currencies bloc have pulled higher against the two currencies.

EUR/USD is up to 1.1669 and nearing a test of the resistance region at 1.1670-00 while GBP/USD has pulled up to fresh highs in over four weeks above 1.3800:

GBP/USD D1 19-10

The pair is contesting a push above its 100-day moving average (red line) now with the 200-day moving average (blue line) not far away as warned earlier here.

Besides that, USD/CAD is also sitting at fresh lows since early July and nearing 1.2300:

USD/CAD 19-10

The antipodeans are leading the charge as equities are also keeping in more positive spirits, with S&P 500 futures just 1% off all-time highs now.

AUD/USD is still contesting its September highs at 0.7469-78 currently while NZD/USD is also seeing a similar test of its own September highs at 0.7157-70.