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Continuation buying in USD

USD
USD holds onto gains and sees continuation buying despite a small bounce off the lows in Equity futures.
  • Bund sees further FTQ on risk sentiment (see earlier Bund comment).
  • Cable test session low, ahead of next support at 1.3611 20-day EMA.German
  • reports that Oxford/AstraZeneca coronavirus vaccine is only 8 percent effective in over-65 has soured German/UK relationship
  • Also in focus for the UK, COVID meeting on the Government's new borders decision, but unlikely to get anything before late in the day

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