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Broader base buying on the cash Govie open.

USD
  • Some upside continuation for the USD on the European cash Govie open, as Equities drift to session low.
  • USD test session high against NOK, EUR, GBP, JPY, CNY, MXN, SEK, NOK, AUD, NZD, CAD and CHF.
  • The Dollar was already trading in the green overnight, and seeing some continuation in early trade.
  • AUD is the early worst performer as Consumer and business confidence falls for the country.
  • Despite the risk off tone, still worth noting that Estoxx futures high print overnight was its highest since the 19th August.

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