Down -$0.65 or -0.94%
For the week the price moved lower on Monday falling to a low of $65.13 before rebounding to a high of $69.60 on Thursday. That was just short of the 50% midpoint of the move down from the July 31 high at $69.67.

Another case of the summer lull casting itself over Europe today
The greenback is mostly little changed across the board, though the euro and yen are keeping mild gains of 0.1% against the dollar in European morning trade so far.

Latest data released by Eurostat – 13 August 2021

The rally in equities continues
European indices are up slightly on the session but have continued to build on gains little by little in August trading. The DAX has now moved up to touch the 16,000 level for the first time as record highs continue to be clocked in trading this week.

NHK reports with the figure
That comes after the record daily cases seen in Tokyo earlier . The previous national record came about yesterday, seen at 18,953 daily cases. A look at how the latest virus wave has been playing out in Japan:

Forex news from the European trading session – 12 August 2021
Headlines:
– ndemic progress
Markets:
– USD leads, AUD lags on the day
– European equities slightly higher; S&P 500 futures up 0.1%

10-year Treasury yields seen at 1.35% in European trading today
Treasury yields dipped after the yesterday, with 10-year yields falling to a low near 1.30% before bouncing back slightly and is recovering further to 1.35% today.

OPEC releases its latest monthly report on the oil market
here
Unless oil prices show further vulnerabilities to being hit by OPEC+ raising output and/or from delta variant concerns, the bloc may feel confident to stick with the current view.

A look at what is on the board for today
bold
There are big ones sandwiching the EUR/USD spot price at the moment, adding to the technical sandwich between 1.1700 and 1.1750.

It has been a snoozefest of a session so far
Major currencies are keeping in narrow ranges and are still within 10 pips of one another on the day, as the mood couldn’t be more dull in European morning trade.