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USDCAD TECHS

Solid Bounce

AUDUSD TECHS

Reverses In Style

EURJPY TECHS

Accelerates Off Bull Trigger

USDJPY TECHS

Still Pointing Higher

EURGBP TECHS

Bouncing Well

GBPUSD TECHS

Bulls Press Pause

EUR/USD: European open $1.1950,........>

EURO SUMMARY
EURO SUMMARY: EUR/USD: European open $1.1950, range $1.1947-$1.1988, NY open
$1.1987, range $1.1984-1.2026
*The soft dollar theme continued into the NY open with the rate printing fresh
highs of $1.1994.
*Broad based euro demand combined with gold spiking higher witnessed
another round of demand, with the rate printing fresh session highs of $1.1999,
before losing momentum and dropping back towards $1.1985.
*Another run on the dollar as gold remained in demand and US Tsys
Yields fell further, the rate grinded back to re-test the session high of
$1.1999.
*As the month/quarter/year end re-balancing began we witnessed
pressure on the dollar, the rate went onto break the resistance at $1.2000 and
triggered stops, pushing the rate to session highs of $1.2014.
*A fresh wave euro demand across the board, in particular eur/yen
saw eur/usd follow suit, grinding to fresh 3 month highs of $1.2026, before
fading into the early close.