<p style=““ class=“text-align-justify“>As US futures dip, that is helping the dollar find a bit of a lift in European trading as we see some light hints of risk aversion come into play.</p><p style=““ class=“text-align-justify“>USD/JPY has risen from a session low of 128.10 earlier to 128.75 currently as the greenback starts to show more poise across the board. Meanwhile, EUR/USD is down 0.3% to a low of 1.0810 currently. That said, both pairs are still in a good spot following yesterday’s action as noted earlier <a target=“_blank“ href=“https://www.forexlive.com/news/dollar-faces-added-pressure-after-yesterdays-cpi-data-20230113/“ target=“_blank“ rel=“follow“>here</a>.</p><p style=““ class=“text-align-justify“>Elsewhere, GBP/USD has fallen from 1.2240 earlier in the day to 1.2175 now with the antipodeans also weaker amid the softer risk mood. AUD/USD is down 0.3% to 0.6945 and NZD/USD down 0.5% to 0.6360. The former came close to testing the 0.7000 mark before pulling back currently.</p>
This article was written by Justin Low at www.forexlive.com.
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