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Free AccessDXY hovers at session low
- 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.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.