USD saw weakness in Wednesday’s session with a risk on equity market and only a marginal move higher in yields weighing on the Greenback ahead of today’s key US CPI report. There was little in the way of major US data releases but some hawkish leaning comments late in the session from the Fed’s Williams stemmed losses. The US Dollar Index (DXY) did make another attempt to breach the 102.57 resistance, but for the 5th time this year was again rejected, this will be a key level to watch over todays CPI report. {chart} EUR moved higher with EURUSD heading into the APAC session at highs of around 1.0970. EUR was ... (full story)