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DXY hovers at session low

USD
  • USD remains on the back foot in early trade, a continuation from the overnight session, taking its cue from a good recovery in Equities.
  • Estoxx future has gained 158 points from yesterday's low, albeit off its best level.
  • The Dollar is down across the majors, and even the AUDUSD has recovered all of its weakness, after it fell following the lower than expected RBA hike.
  • AUDUSD is back to flat since the EU Govie cash open.
  • USDSEK is testing immediate support at 10.9551, the 50% short term retrace of the 13th Sep (CPI release) to the all time record high printed on the 28th Sep.
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  • USD remains on the back foot in early trade, a continuation from the overnight session, taking its cue from a good recovery in Equities.
  • Estoxx future has gained 158 points from yesterday's low, albeit off its best level.
  • The Dollar is down across the majors, and even the AUDUSD has recovered all of its weakness, after it fell following the lower than expected RBA hike.
  • AUDUSD is back to flat since the EU Govie cash open.
  • USDSEK is testing immediate support at 10.9551, the 50% short term retrace of the 13th Sep (CPI release) to the all time record high printed on the 28th Sep.