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Greenback Bounces Post 30-YR Auction, EURUSD Fresh Session Lows

  • USD: After paying little attention to the uptick in US yields throughout Thursday’s session, the latest auction results have provided a firm bid for the greenback, with EURUSD quickly slipping to fresh lows below 1.0680. Worth pointing out below we have a cluster of lows around 1.0660, just above the pre-NFP data level at 1.0655. More notable support is at 1.0629, the 20-day EMA.
  • Cable also slips to fresh weekly lows, narrowing the gap with touted support at 1.2231, the 20-day EMA.

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