FX SUMMARY- USD is favoured

The story so far during the morning European session, has been the better bid in the USD.

• The currency extended higher across the board and is up across G10s and EM, and that's despite risk still tilted to the upside, with Mini S&P hovering near all time high.
• Worst performers against the Greenbacks are the Kiwi, the Aussie and the NOK, all down above half a percent at the time of typing.
• AUD is weighted by further lockdown, with Perth joining Sydney and Darwin.
• USDNOK is up 0.52% and now eye the 22/06 high at 8.6151.
• In terms of Month End flow, this has so far been limited, with very little reported from desks.
• Citi's prelim month-end model for June indicates slight USD sales.
• And Barcap, preliminary run of month-end rebalancing model points to moderate USD selling against all majors.
• Looking ahead, more speakers are scheduled but unlikely to hear anything new, since we have heard from them previously.
• Today includes, Fed Barkin (At MNI Event), and ECB Lagarde, Villeroy, Weidmann, BoE Hauser.
• Attention though, is already turning to the US NFP Friday.