Strong macro data published yesterday lifted the greenback against the major currencies. Existing Home sales came in better than forecasted at 5.35M, unemployment claims released came in at 456K compared to 480K previous month.
The greenback managed to gain against the Japanese yesterday, currently trading at 93.44, after a warning of rating downgrade due to government debts, by Fitch Ratings was published yesterday morning. The pair has seen resistance at 93.10 and may well be on its way to 100, supported by lower chances for a near term rate increase by the BoJ as previously anticipated.
Durable goods to be published later today may continue to support the U.S. dollar against other major currencies if data turns out to be better than expected. Greek debts will continue to shadow any movement in the EUR/USD pair today and next week.