USD saw marginal weakness on Wednesday in a quiet news day. The US Dollar Index (DXY) pushing to lows after a strong 30yr Treasury saw yields drop and DXY briefly breaking beneath Tuesdays low of 102.72. A turn around later in the session saw DXY retake the 50% Fib support level at 102.80 ahead of today’s Retail Sales, Jobless Claims, and PPI data. {chart} EUR saw decent gains vs the Dollar, with EURUSD setting a weekly high of 1.0948. ECB member Villeroy spoke, saying the ECB is winning the inflation battle, but cuts are more likely appropriate in June rather than April. EURUSD holding the key 1.09 support so far ... (full story)