[ad_1]
\n<\/p>\n
U.S. Dollar Index<\/a> is mostly flat as traders take some profits off the table near multi-month highs.<\/p>\n In case U.S. Dollar Index manages to settle above the 105 level, it will head towards the next resistance, which is located in the 105.65 \u2013 105.90 range.<\/p>\n<\/div>\n<\/div>\n EUR\/USD<\/a> found support near the 1.0700 level and is trying to rebound. The final reading of Germany\u2019s Inflation Rate report met analyst estimates and did not have a material impact on market dynamics.<\/p>\n GBP\/USD<\/a> continues its attempts to settle below the support at 1.2470 \u2013 1.2500. There are no important economic reports scheduled to be released in the UK and U.S. today, so traders will remain focused on general market sentiment.<\/p>\n A successful test of the support at 1.2470 \u2013 1.2500 will open the way to the test of the next support level, which is located in the 1.2300 \u2013 1.2330 range.<\/p>\n USD\/CAD<\/a> pulled back as oil markets rebounded towards the recent highs. Other commodity-related currencies have also moved higher in today\u2019s trading session. The better-than-expected Unemployment Rate report, which showed that Unemployment Rate remained unchanged in August, provided additional support to the Canadian currency.<\/p>\n In case USD\/CAD settles back below the 50 MA at 1.3600, it will head towards the support at 1.3500 \u2013 1.3520.<\/p>\n USD\/JPY<\/a> stays close to recent highs as Treasury yields are rising. At this point, there are no bullish catalysts for the yen. Today\u2019s GDP Growth Rate report missed analyst estimates, serving as an additional bearish catalyst for the Japanese currency.<\/p>\n The key question is whether BoJ will intervene if USD\/JPY tests the nearest resistance at 148.00 \u2013 149.00. Without interventions, USD\/JPY will have a great chance to move above the 150.00 level.<\/p>\n For a look at all of today\u2019s economic events, check out our economic calendar<\/a>.<\/p>\n<\/div>\n<\/div>\nGBP\/USD<\/h2>\n
USD\/CAD<\/h2>\n
USD\/JPY<\/h2>\n