Amid ongoing optimism in equity markets driven by the U.S.–Japan trade deal, the dollar index fell by 0.18% yesterday, while the euro rose by 0.16% (16 pips).
The euro managed to expand its consolidation range (ahead of the Federal Reserve meeting) up to the daily MACD line. The 1.1692 level, relevant yesterday,
On Thursday, the euro closed the day down by 43 pips, yet overall, risk appetite is returning to the markets: the S&P 500 rose 0.54%, WTI oil gained 1.76%,