The USD was on the defensive versus the EUR today, approaching what were 5 week lows, following a big short squeeze in the single currency prior to U.S. jobs data, while the JPY lost ground as the squeeze spilled into the Asian market.
25, May, 2026
The USD was on the defensive versus the EUR today, approaching what were 5 week lows, following a big short squeeze in the single currency prior to U.S. jobs data, while the JPY lost ground as the squeeze spilled into the Asian market.