The Greenback gained across the board in the European session, outpacing its major competitors. EUR/USD tumbled to 1.2520, a 0.15% decline from the previous closing level. USD/JPY lost ground considerably, and at the time of writing is trading at 87.70. GBP/USD plummeted more than 100 points to reach support at 1.5105. The pair, however, managed to rebound to 1.5130. The Dollar Index, which measures the greenback’s strength against six major currencies, is currently inclining to 84.54, after recording a high at 84.58 and a low around 84.34.
