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Continuation buying

USD
  • Some buying continuation of USD on the European open.
  • DXY is at the high and the Greenback test new intraday highs against the EUR, GBP, INR, SEK, CHF, and the CAD.
  • All yield led.
  • The Yen is the worst performer, down 0.31%, most sensitive to Yield or Risk tone.
  • Market participants has so far faded at 124.00, did print 124.05 high.
  • A clear break through this area, opens to 124.30 initially.
  • Above the latter, sees 125.09, which was very well defended on the 28th March (highest print since 2015).

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