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BBDXY To Fresh Session Lows As European Equities Stabilise

USD

BBDXY now trades to fresh session lows as core global FI markets and European equities recover from lows.

  • The index is comfortably above Friday’s closing level and low.
  • MXN is still the biggest loser vs. the USD, losing around 0.9%, given its beta to Trump election odds/U.S. trade protectionism ideas.
  • Little of note on the macro headline front over the last few hours, leaving cross-asset moves and continued digestion of the failed Trump assassination attempt as the main drivers early this week.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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