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Extending broader gains

USD
  • As just noted with the underlying bid appearing into the USD, the Dollar is now at new intraday highs against the NZD, AUD, GBP, JPY, CHF, SEK, CAD, NOK.
  • EURUSD printed a 1.0803 Low Yesterday following the PMIs and will be seen as the technical target.
  • Cable went as far as 1.2615 on the UK PMI.
  • Scandies are still the worst performers in G10 against the Dollar, and USDSEK traded as high as 11.0341 yesterday, which was also the highest print since November., now trading at 10.9666.

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