FxPro Forex Analysis: Dollar suffering into month end

We mentioned in the daily the risk of some more choppy trading into month-end, which is proving to be the case. Both sterling and the Aussie are fairly buoyant, with cable above the 1.71 level and also the euro up to near 1.37.   It’s not wise to attach too much significance to these moves, but it’s notable that we are seeing dollar weakness into the end of the half year that had so much hope for dollar strength.