The U.S. dollar gave back some gains notched in recent sessions, losing ground against the Japanese yen and the euro on Thursday. As, the U.S. dollar index touched its highest level since January on Wednesday, directly after the U.S. Treasury bond yields reached a new level since October.
The U.S. dollar is still advancing against the Japanese yen. The USD/JPY retreated today by 0.26% and recorded the high of 83.60 after starting the session at 83.43 and the low of 83.38, and JPY was affected by the BoJ meeting minutes news.
As for the Australian dollar, it was moving within a tight range this morning recording the high of 1.0537 and the low of 1.0512m as the Aussie rose by 0.85%.
Meanwhile, kiwi NZD recovered slightly from its lowest in two months versus the dollar and advanced by 1.50% and its currently hovering around 0.8214 recording the high of 0.8215 and the low of 0.8189.
Moving to Europe, where there is some important data to be released today, as the euro zone will release the trade balance figures for January.