May 17, 2024 06:33 GMT
A positive start
USD
- Although the Dollar is on the front foot across G10 going into the European session, the Greenback still underpeforms for this past Month, with the AUD and NZD the best performers for that period, up 3.7% and 3.43% respectively.
- Focus is back on the Yen, with USDJPY back above pre US CPI level, although it is still quite short of this week's printed high of 156.74, which will be seen as the initial resistance.
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