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JGB TECHS

(U1) Tilted Higher

AUSSIE 10-YEAR TECHS

(U1) Uptrend Weakening

US TSYS SUMMARY

Bullard Kickstarts Reflation Unwind Theme

AUDUSD TECHS

Fresh 2021 Lows

Dollar under pressure

USD

Continuation selling of USD since the EU Govie open.

  • DXY hovers at the low and the Greenback test low of the session against EUR, AUD, NOK, CHF, CNH, ILS, ZAR.
  • Better buying clip in EU and US equities keeps the USD offered.
  • Cable is now up 1.17% and eyeing a test at the intraday high 1.3384.
  • A clear break through the latter opens to MNI tech next resistance at 1.3412 High Dec 10
MNI London Bureau | +44 203-865-3806 | fabrice.benhassine@marketnews.com