The U.S. dollar gained ground in a thinly traded month-end session, with the EUR/USD pair slipping by 0.3% to 1.1558. The USD/JPY pair tested resistance levels, approaching key moving averages. Analysts suggest that surpassing the 100- and 200-hour moving averages could signal a bullish shift for USD/JPY. Meanwhile, AUD/USD remains below its 100-day moving average, and NZD/USD stays above mid-November support. The Japanese yen continues to face pressure due to Japan's fiscal policies and the Bank of Japan's accommodative stance.
U.S. Dollar Strengthens Amid Thin Month-End Trading
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