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Fresh USD Demand Into European Hours

FOREX

A fresh USD bid comes in ahead of European hours, allowing EUR/USD and USD/CNH to take out their respective Friday extremes. Little in the way of headline flow evident, so we would suggest that European participants are reacting to the broader defensive tone that was evident during the second half of Asia-Pac trade.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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