The dollar retained its bid tone overnight, moving to new highs versus the euro, yen and CAD. EUR-USD based at 1.1062, with the next target area seen at 1.1000, then the 50-day moving average of 1.0925. USD-JPY meanwhile, traded the 121 handle for the first time since March 20, with resistance now at 121.20. But for the FOMC minutes at 14:00 EDT, the U.S. calendar is light this morning, with just weekly EIA petroleum inventory on tap at 10:30 EDT.
[EUR, USD]
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