May 21, 2024 06:32 GMT
EUR, GBP, CHF are edging higher
USD
- The Dollar is closer to flat against most G10s going into the European session, with very tight ranges overnight, 11 pips in EURUSD, 19 pips in Cable, 28 pips in AUDUSD, and a 43 pips for USDJPY.
- AUD was the small worst performer overnight, albeit just down 0.12%, but is recovering from its low, helped by some small offers emerging into the USD post Cash Govie open.
- EUR, GBP, CHF are edging to their respective highs in early trade, and are now leading in G10, up 0.08% for now.
- Resistance in Cable is at 1.2725 High May 20.
- Resistance in EURUSD comes at 1.0895 High May 16.
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