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BOND SUMMARY

EGB/Gilt: Inching Higher Ahead of FOMC

SWITZERLAND

CHF LIBOR FIX - 16-06-2021

US EURODLR FUTURES

Post-LIBOR Settle Update

A round of US buying

USD

A knee-jerk reaction to the sell side in Equities, provides some USD lift here.

  • The Greenback test high of the session against GBP, AUD, PLN, NOK, CAD, SGD and CNH.
  • And turning bid versus EUR and JPY.

MNI quick tech:

  • EURUSD support comes at 1.1801 20-day EMA
  • GBPUSD initial target is seen further out towards 1.3162 Low Nov 16
MNI London Bureau | +44 203-865-3806 | fabrice.benhassine@marketnews.com