The USD Is Into A Flat Pattern

The USD is into a flat trend this morning during the Asian hours, while the Euro was also largely unchanged as Italy’s Prime Minister quit.

Now, the Euro versus the USD trades at $1.1092, which is a decline of $0.00068 or 0.06% from the previous close of $1.10992.

The daily range is from 1.1087 to 1.1105, while the trading volume is 34.41K.

Furthermore, the common currency depreciated versus the USD yesterday, amid political issues in Italy are outweighing a dip in U.S. Treasury yields.

There will be a meeting of the central bankers at Jackson Hole, Wyoming and a speech by Federal Reserve Chairman Jerome Powell is expected to provide in directions.