Flash: A mixed dollar - OCBC

FXstreet.com (Barcelona) - Emmanuel Ng, Strategist at OCBC said the dollar chalked up a mixed performance against the majors.

Key Quotes:

“The dollar chalked up a mixed performance against the majors on Wednesday with the run of positive GDP numbers (EZ, French, German) out of the EZ failing to stick, leaving the EUR-USD relatively flat on the day”.

“Potential greenback strength also fizzled in NY in the wake of the tame PPI readings and as the Fed’s Bullard (perceived dove) cautioned that too aggressive a tapering may attract deflation risks”.