January 23, 2025 07:36 GMT
USD: Finding some early demand
USD
- G10 FX saw a flat Dollar Overnight, the Swissy was up 0.07% and the CAD was down 0.06%.
- A small bid went through post Cash European Govie open, to push the Dollar in the green against all G10, the SEK lead losses, although it is only down 0.17%.
- USDSEK has found some support Yesterday just short of where it was exchanging hands before the Hawkish FOMC from the 18th December, this level was circa 10.9522, printed a 10.9665 low Yesterday (Prices are according to Bloomberg).
- Initial resistance in USDSEK is still some 8 big figures away, up to 11.1000.
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