The positive post-FOMC vibes have all but faded for the dollar
EUR/USD and GBP/USD are at session highs right now trading at 1.1810 and 1.3399 respectively as the dollar feels a bit of a pinch ahead of European trading. Ranges are still relatively narrow but it's a common theme across the board.
USD/CAD is near the lows for the day, while NZD/USD is at session highs as well. The only major currency to buck the trend is the aussie - as cross selling continues to pin it down. AUD/NZD and AUD/JPY are both testing the 100-day moving averages right now, as sellers appear to be winning out still in driving the aussie lower.
Other than that, there's been little action all around as we await European traders to join the mix and hopefully see an extension of the day's ranges.
