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Gains for a second day

USD
  • The Dollar gains for a second session, after Govie futures reversed last Friday's NFP rally Yesterday, and although Tnotes shows a touch in the green, TYZ3 trades pretty much where it was trading pre NFP.
  • TYZ3 printed a 107.18 low, but initial support is now seen at 107.09+, followed by 107.02+.
  • With Treasuries heavy, Yield tilted to the upside, the USDJPY looks to break its overnight high, with small resistance at 150.58.
  • AUDUSD is still the worst performer, down 0.96%, despite the RBA delivering its expected hike, the RBA added that further moves will be data dependent.
  • Support in AUDUSD moves down to 0.6393.

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