The US dollar has come back under pressure over the last 24 hours as further data weakness has weighed on sentiment. The ISM Non-Manufacturing reading was weaker than expected over November at 53.9 vs 54.5 expected, though at least remained in expansionary territory.
Investor sentiment fell across the board following President Trump’s comments on the China trade deal. Trump said that it would be better to wait until the 2020 elections for a trade deal with China.