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USD lower vs G10 ahead of risk events

FXStreet (Bali) - The US Dollar is weakening across the board against G10 currencies, with traders probably taking some profits off the table ahead of top-tier risk events ahead, including the ECB later today, and US NFP on Friday.

Stronger-than-expected building approvals set the ball rolling in the Aussie, en-route to 0.88, while helping to push the Kiwi back up towards 0.730/40 vicinity, recovering most of the GDT dairy auction-led losses from Wednesday.

The Japanese Yen has been the last one to push up vs the Greenback, with the rate currently being paid at 108.70 from levels marginally above 109.00 at the Tokyo open. Euro has also seen some uptick to test $1.2630 resistance, while the Sterling is glued circa $1.62.

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