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USD: A steady start for the Dollar against G10s

USD
USBulletMarketsForeign Exchange BulletsNorth America
  • While US Yield are underpinned overall going into a very busy Week ahead, the Dollar, while showing mostly in the red against G10s, the Greenback is steady.
  • The CAD leads and is up 0.36%, on report that Justin Trudeau could be set to resign, but looking at the USDCAD it has just reversed Yesterday rally to trade near Yesterday's low of 1.4384, printed a 1.4388 low so far.
  • At the other end, the Yen is the worst performer, albeit by just 0.21%, after BoJ Ueda repeated that Rate moves will depend on Inflation and the Economy.
  • While the USDJPY has rallied towards the 158.00 handle overnight, the cross sits some 20 pips off the 157.83 printed Overnight high going into the European session.
  • The December high at 158.08 remains the initial key resistance, which was also its highest print since 17th July.
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  • While US Yield are underpinned overall going into a very busy Week ahead, the Dollar, while showing mostly in the red against G10s, the Greenback is steady.
  • The CAD leads and is up 0.36%, on report that Justin Trudeau could be set to resign, but looking at the USDCAD it has just reversed Yesterday rally to trade near Yesterday's low of 1.4384, printed a 1.4388 low so far.
  • At the other end, the Yen is the worst performer, albeit by just 0.21%, after BoJ Ueda repeated that Rate moves will depend on Inflation and the Economy.
  • While the USDJPY has rallied towards the 158.00 handle overnight, the cross sits some 20 pips off the 157.83 printed Overnight high going into the European session.
  • The December high at 158.08 remains the initial key resistance, which was also its highest print since 17th July.