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CROSS ASSET: Offers are emerging against the Dollar

CROSS ASSET
  • The Dollar sees another round of offers emerging, the EUR, CHF, NZD, SEK and the Pound test their respective high against the Greenback, while JPY, AUD and the NOK goes bid.
  • Overall multi cross assets, Govies and Equities are still trading within confined ranges.
  • Resistance in EURUSD is seen at 1.0530, Yesterday's high, but Option expiry could come into play given the much lower liquidity across the board.
  • There's 1.69bn worth of Option expiry for today at 1.0500.
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  • The Dollar sees another round of offers emerging, the EUR, CHF, NZD, SEK and the Pound test their respective high against the Greenback, while JPY, AUD and the NOK goes bid.
  • Overall multi cross assets, Govies and Equities are still trading within confined ranges.
  • Resistance in EURUSD is seen at 1.0530, Yesterday's high, but Option expiry could come into play given the much lower liquidity across the board.
  • There's 1.69bn worth of Option expiry for today at 1.0500.