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Another positive start for the Dollar

USD
  • Another positive start for the Dollar, following the rallies post US NFP, and the Leaning Hawkish Powell.
  • Although the Kiwi shows that it is up 0.20% in early trade, the bigger picture is that the NZD printed its lowest level since late November overnight against the Dollar, now trading at 0.6076, while NZDUSD was trading as high as 0.6157 pre US NFP.
  • NOK is the worst early performer, down 0.26% today and 1.92% in the past five days.
  • USDNOK is so far finding some resistance at Friday's high.
  • A clear break through the 10.65 area, will open to 10.70.

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