Dollar holds slightly lower so far on the session

May 13, 2025
-FXnews

After the strong gains yesterday, the dollar is catching a bit of a breather in trading today. This comes as US futures are also just down slightly after the surging gains in the day before. Market players are digesting the US-China trade truce and will have to wait to see if the optimism can be justified.

USD/JPY is down 0.4% to 147.85 but it doesn’t take much away from the over 300 pips jump from yesterday.

Meanwhile, EUR/USD is up 0.2% to 1.1115 and GBP/USD up 0.3% to 1.3215 on the day. USD/CHF is also marked down by 0.7% to 0.8395 but is still well higher compared to the Friday close last week near 0.8300. The antipodes are also faring better with AUD/USD recovering a large chunk of its losses yesterday to 0.6405 – up 0.6% on the day.

Elsewhere, gold is also seen recovering back to $3,259 and holding the line near its 1 May low of $3,201 amid the drop yesterday.

Coming up later today, we’ll have the US CPI report to add to the mix

Dollar holds slightly lower so far on the session

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