FXstreet.com (Córdoba) - Greenback rose against the yen but lost ground against NZD, CAD and AUD. To European currencies Dollar finished unchanged and continued to move in ranges. In the last hours the Dollar has been steady across the board on hold ahead of the release of retails sales data. Treasuries fell sharply for the second day in a row.
EUR/USD moved inside a range between 1.4780 and 1.4670 for the second day in a row. GBP/USD also moved sideways consolidating between 1.6200 and 1.6300. The Swiss Franc also traded flat and end the day at the same price it had at the beginning of the session. The Yen fell against the Dollar for the first time after rising in the last three sessions.
Currencies tied to commodities jumped during the Asian session and then consolidated important gains. USD/CAD fell to an intra-week low at 1.0480 despite the decline in crude oil prices. The barrel of crude fell momentarily below $70 to trade at the lowest level in two months. NZD/USD rose to a two-week high following the announcement of the Reserve Bank of New Zealand.
Treasuries fell considerably for the second day in a row, sending yields higher. Concerns about long-term demand for notes weighted on Treasuries.