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Greenback Tick Higher In Asia, BBDXY's Post-NFP High Intact

FOREX

The USD has ticked higher in Asia today as participants digested Friday's NFP print. BBDXY is up ~0.2%, however the post-NFP highs remain intact for now. Cross asset wise; The Hang Seng is ~2% lower and US Equity futures are a touch lower. There has been little in the way of meaningful macro newsflow today.

  • Yen is the weakest performer in the G-10 space at the margins, USD/JPY is up ~0.5% and last prints at ¥145.65/70. An uptick in US Tsy Yields has weighed on the Yen. USD/JPY remains well below resistance at ¥146.23, low from Dec 4.
  • AUD/USD is down ~0.4%, post NFP lows have been breached. The pair sits at $0.6550/55, and sits on the 20-Day EMA ($0.6553).
  • Kiwi is also lower, NZD/USD is down ~0.2% and is holding above the $0.61 handle. Support comes in at the 20-Day EMA ($0.6088).
  • Elsewhere in G-10, EUR is unchanged and GBP is down ~0.1%.
  • The docket is thin for the rest of Monday's session.
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