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Extending broader gains in early European trade

USD
  • Some upside continuation for the Dollar in Early trade as Europe join the session.
  • The greenback makes fresh intraday highs against the AUD, GBP, EUR, SGD, ZAR, NOK, ILS, INR, MXN, JPY, SEK, CAD, PLN, CNH.
  • Risk Off and higher Yield have been supportive, but next support in TYZ3 is still seen further out towards 109.28+.
  • Worst performer is the Aussie, on the Equity move, broader USD bid and RBA keeping its rate unchanged, which was widely expected.
  • A break through the figure in AUDUSD, will open to 0.6365, the August low and the lowest print since November.
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