Germany Retail Sales

The U.S. dollar pushed higher as traders reacted to stronger-than-expected economic growth and mixed income and spending figures. Major currency pairs remained technically sensitive, with EUR/USD testing support, GBP/USD probing resistance, USD/CAD extending gains and USD/JPY capped below a key moving average.

The U.S. dollar gained ground as traders reacted to a stronger-than-expected ISM Manufacturing PMI reading. EUR/USD and GBP/USD pulled back, USD/CAD advanced as commodity-linked currencies softened, and USD/JPY moved away from session lows after recent intervention activity.