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Another impressive early session in FX

FOREX
  • Another impressive early morning session in FX, with the USD reversing yesterday's rally.
  • DXY test session low, and the Dollar hit the lows across the board, versus AUD, INR, THB, EUR, GBP, JPY, CNH, SEK, SGD, CHF, NOK.
  • AUDUSD is up 2.11% and eye 0.6893, the December high and highest print since mid September.
  • The Aussie has benefitted from the weaker Dollar and talks that China discussed plans to resume Australian Coal imports.
  • Cable has tested yesterday high, printing 1.2086.

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