There was little fundamental fuel to sustain this the early week rally in risk appetite and dollar plunge; so momentum ground to a halt. However, Thursday's ECB and BoE rate decisions could revive volatility if only for the euro and British pound.
Stories To Watch on DailyFX
- What does October hold in store for the majors? Read the fundamental and technical forecasts for the coming month.
- Want to find up-to-the-minute news on the currency market? Check out the new DailyFX Forex Stream.
Questions? Comments? You can send them to John (jkicklighter@dailyfx.com).