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US dollar back on its feet

USDJPY News by Newsroom on 05:53 December 02, 2014 EST

After a rocky start of the week it is back to business as usual for the dollar.

As seen on the chart above, the dollar has been appreciating versus all major currencies for the past 24h with the exception of the Canadian loonie.

The pound is also strong today and the Japanase yen returns to its usual role as the weak of the pack.

Eurozone import prices falling sharply have dampened the prospect of gains for the EURUSD after good employment figures in Spain were made public earlier this morning.

On the forex calendar, AUDUSD could experience volatility later today as quarterly GDP figures are expected in the evening.