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Equities are seeing some continuation

CROSS ASSET
  • Equities are still gaining some ground since the US joined the session, and Gold firms $4 in the last minute or so, but not yet seeing further broader base weakness in the Dollar.
  • The Greenback was already in the red across most G10s overnight and into the EU Cash Govie open, but remains in deep green territory so far this Year.
  • The only Currency in G10 testing its session high right now is the Aussie, helped by the move in Equities.
  • However, initial resistance in AUDUSD is still further out, up to 0.6642 50-day EMA.

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