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Dollar is up against G10s

FOREX
  • EUR has been under pressure this morning, also helped by a stronger USD.
  • EUR test session low, against AUD, CNH, CAD, USD,
  • EURUSD broke below t 1.1222 1.618 proj of the Jan 6 - Mar 31 - May 25 price swing.
  • And the break of that levels opens s to 1.1185 Low Jul 1, 2020.
  • Cable has also traded lower this morning, more a function of the USD, with DXY at session high.
  • USD test best levels against the SEK, CHF, GBP, SGD, ILS.
  • Initial support for Cable is still at 1.3343 Low Nov 23.
  • Looking ahead, we have a session packed with data, ahead of the US holiday.
  • This will include some second reading for the US.
  • Most notable one, will be US PCE core deflator for October.
  • This will be followed by the FOMC minutes,
  • Speakers include, ECB Panetta, Schnabel BoE Tenreyro,

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