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Broad base USD buying

DOLLAR

Better buying of USD across the board in early European trading in thinner liquidity, with the US out.

  • USD is testing or hovering near the high of the day against EUR, GBP, CAD, AUD, CHF, CZK, ZAR, MXN, SGD, INR.
  • DXY is also near the high of the session, and GBP lead losses in G10 against the Greenback, down 0.51%.
  • Brexit overnight headline is keeping the Pound under pressure: UK prime minister threats to walk away from talks and pursue an "Australian-style" trade arrangement"
  • Next MNI tech support in Cable comes at 1.3176 Low Sep 4

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