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Another positive session for the Dollar

USD
  • Another positive session for the Dollar , with some follow through following the US data Yesterday.
  • As already mentioned the Kiwi is the poor performer, now down 83 pips from levels seen pre US CPI Yesterday, but short of the next support area of interest at 0.5871, the October low.
  • A break through the latter, opens to 0.5841 the 10th November low, did print a 0.5859 low in August, which some market participants might look for support.
  • Early focus is straight back onto the Yen, and although the USDJPY trades in a narrow 26 pips range, the Globe will once again be watching the 150.00 handle.

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