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A red start for the Greenback

CROSS ASSET
  • The Dollar is broadly in the red as Equities recovered from their Yesterday's printed lows.
  • Estoxx (VGU3) eye a test at Yesterday's high, and while this is very early in the day, US Emini makes another attempt at its highest level since April 2022.
  • Looking at cash SPX, if Emini retains its strength until 14.30BST, it will open above yesterday's high, and investors will be looking at 4637.30, the April 2022 high.
  • The Kiwi and the Aussie are the best early performer in G10s, but are off their best overnight levels.

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