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U.S. Dollar Index<\/a> declines as traders focus on the pullback in Treasury yields. At this point, traders are not ready to increase their bullish bets on U.S. dollar ahead of the weakend.<\/p>\n The nearest support for U.S. Dollar Index is located in the 105.65 \u2013 105.90 range. A move below this range will push U.S. Dollar Index towards the support at 104.50 \u2013 104.75.<\/p>\n<\/div>\n<\/div>\n EUR\/USD<\/a> gains ground as traders react to Germany\u2019s PPI report, which indicated that PPI declined by 0.2% month-over-month in September, compared to analyst consensus of +0.4%.<\/p>\n From the technical point of view, EUR\/USD continues its attempts to settle above the 1.0600 level. A move above this level will open the way to the test of the resistance at 1.0670 \u2013 1.0700.<\/p>\n GBP\/USD<\/a> is moving higher despite disappointing Retail Sales data. Retail Sales declined by 0.9% month-over-month in September, compared to analyst consensus of -0.2%.<\/p>\n If GBP\/USD manages to settle above the 1.2200 level, it will move towards the resistance at 1.2370 \u2013 1.2410.<\/p>\n USD\/CAD<\/a> remains stuck near the 1.3700 level. Oil prices pull back, but demand for commodity-related currencies stays stable.<\/p>\n In case USD\/CAD settles back above 1.3700, it will head towards the next resistance, which is located in the 1.3800 \u2013 1.3830 range.<\/p>\n USD\/JPY<\/a> did not test the 150.00 level, although it is very close to this important level. Traders fear that BoJ will intervene if USD\/JPY crosses the 150.00 mark.<\/p>\n The technical factors do not play a big role in USD\/JPY dynamics right now as the outlook depends on whether BoJ is ready to provide additional support to the Japanese yen.<\/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