By Marc Chandler:
The US dollar had looked like it was finally finding traction. The euro was at its lowest level since last November. Sterling, which had been a market darling, was pushed through its 100-day moving average for the first time since last August, falling about 2.25% since mid-July. The dollar pushed through JPY103 to trade at its best level since April. The Australian and Canadian dollars retreated to their lows from early June.