A Bloomberg gauge of the dollar dropped for the third straight day as commodity currencies led G-10 gains against the greenback amid thin flows in spot and options markets.
The Bloomberg Dollar Spot Index declined 0.1%, trading lower against all but three G-10 FX peers.
Trading in cash Treasuries is closed for the Independence Day holiday in the US; Treasury futures traded slightly higher, while S&P e-minis declined in choppy trading and oil futures sustained gains.
The Australian dollar whipsawed after the Reserve Bank of Australia left its key rate unchanged as it assesses the impact of a yearlong tightening cycle.
AUD/USD initially traded lower following RBA meeting, reversed losses after Tokyo fix to gain 0.3% at 0.6695.
The RBA's August meeting is "live" for a rate hike, wrote David Forrester, senior FX strategist at Credit Agricole. "The market will be less confident of two more 25bp rate hikes, however, so the RBA decision is a modest weight on the AUD".
GBP/USD advances for third straight day, up 0.2% to 1.2719. USD/JPY drops as much as 0.3% to 144.21; it touched 145.07 last week, the highest since November.
Source : Bloomberg
