Dollar holds slightly lower to start the session | Forexlive

I outlined the technical predicament for the dollar earlier here, with the greenback sitting thereabouts as we get into European trading. USD/JPY is lower by 0.2% to 132.30 though as Treasury yields also sit a bit lower to start the session. Otherwise, the dollar is still under pressure particularly against the euro and franc.

If anything, we might be waiting on US retail sales before the next big round of moves come about before the weekend.