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A green start for the Dollar

USD
  • The Dollar is on the front foot this morning into the Cash Govie open, a continuation from the overnight session, but as in other cross asset, Govies, Rates and Equities, this has been a more range bound week.
  • Looking at Estoxx futures (VGM3) it has traded in a 45 points range this week, and trades at mid range this morning.
  • Wider ranges were seen in Govies and rates, but the lack of liquidity played a part in exacerbating some of the Moves.
  • Worst performer in G10 is the AUD, but again looking at this week's range, it has traded in a 0.6681/0.6772 low/high this week and AUDUSD looks to make an attempt back at 0.6681, Monday's low, now at 0.6698.

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