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Continuation selling

USD
Small better USD selling, as Equities retrace last Thursday and Friday's fall.
  • USD test low against NOK, SEK, TWD, IDR, MXN, PLN, THB, CZK.
  • EURUSD edges higher, with small resistance noted at 1.2190 High Jan 22.
  • Better is seen towards MNI tech 1.2230 initially.
  • GBP is mixed so far this morning, leaning towards testing the session high against the Dollar.
  • Cable trades within key resistance area 1.3700-1.3750.
  • This week Boris face 2 key questions. Schools re-opening timing, after suggestion that we could re-open after Easter.
  • And UK borders, when a decision will be expected sometimes tomorrow at the Covid committee

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