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FOREX: USD Falls To Fresh Lows, Limited Cross-Asset Moves

FOREX
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A fresh round of USD weakness going through. Yen, AUD and NZD all around session highs, or testing such levels as HK/China equity market trading gets going. USD/JPY is down around 0.7%, to be sub 151.90. AUD/USD is up 0.65%, through 0.6600, while NZD is up a similar amount, last around 0.6000. The USD BBDXY index made fresh lows, but has now stabilized somewhat, last near 1257.55. 

  • NOK is up 0.85%, last near 10.9720/30.
  • It is a similar backdrop for CNH and KRW, although USD/CNH is still finding support sub 7.1100.
  • Early Hong Kong/China equity tones are positive at this stage.
  • In terms of cross asset moves in the US space, US equity futures are up from session lows, but still in the red. US TSY futures are off earlier highs, but still comfortably up from end Friday levels last week.
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A fresh round of USD weakness going through. Yen, AUD and NZD all around session highs, or testing such levels as HK/China equity market trading gets going. USD/JPY is down around 0.7%, to be sub 151.90. AUD/USD is up 0.65%, through 0.6600, while NZD is up a similar amount, last around 0.6000. The USD BBDXY index made fresh lows, but has now stabilized somewhat, last near 1257.55. 

  • NOK is up 0.85%, last near 10.9720/30.
  • It is a similar backdrop for CNH and KRW, although USD/CNH is still finding support sub 7.1100.
  • Early Hong Kong/China equity tones are positive at this stage.
  • In terms of cross asset moves in the US space, US equity futures are up from session lows, but still in the red. US TSY futures are off earlier highs, but still comfortably up from end Friday levels last week.