FXstreet.com (Barcelona) - The Dollar's recovery attempt from 14-months low at 1.0273 has been capped at 1.0345 during the European session and the pair has been launched to levels below 1.0300 again. Pair is currently trading around 1.0290/1.0300, 0.10% above today's opening price action at 1.0283.

George Clement, analyst at Swiss e Trade, comments: Some bigger recovery moves set in this European morning, lifting the market to almost 1.0340, trading now at 1.0325. We see some more of this recovery to come, although in low volatility, to levels above 1.0350.