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CROSS ASSET: USD is finding some selling interest

CROSS ASSET
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  • The Dollar is starting to see broader offers, testing intraday low against the EUR, SEK, CHF, NOK, and CZK.
  • The Pound has also recovered some 20 pips off the lows in Cable, Gold stays underpinned.
  • EU and US Equities seem to have found a base for now, while Yields across the US, Germany and the UK 10yr have held to the initial noted resistances.
  • USDJPY is eyeing a break back below 148.00, but note that it was trading all the way down to 146.59 pre NFP beat.
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  • The Dollar is starting to see broader offers, testing intraday low against the EUR, SEK, CHF, NOK, and CZK.
  • The Pound has also recovered some 20 pips off the lows in Cable, Gold stays underpinned.
  • EU and US Equities seem to have found a base for now, while Yields across the US, Germany and the UK 10yr have held to the initial noted resistances.
  • USDJPY is eyeing a break back below 148.00, but note that it was trading all the way down to 146.59 pre NFP beat.