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AUSSIE 10-YEAR TECHS

(Z1) Shallow Bounce

USDCAD TECHS

Trend Needle Still Points North

WHITE HOUSE

Biden Losing Support On COVID-19 Strategy: Poll

AUDUSD TECHS

Slide Accelerates

LATAM

Snapshot: USDMXN Set To Post Highest 2021 Close

EURJPY TECHS

Still Looking For Weakness

EURO-DOLLAR
MNI (London)
EURO-DOLLAR: Having seen an extended recovery high of $1.1485 in opening trade
Monday the rate eased to $1.1432 during the European morning before it corrected
to $1.1469 ahead of the NY open. Early NY pressed rate to a low of $1.1422,
corrected to $1.1459 before it settled around $1.1440 into the close. Early
demand in Asia edged rate to a high of $1.1466 before sellers emerged, reacting
to USD/JPY's push back up to retest the Y109.00 area, which eased rate back to
$1.1449. Rejection from Y109.00 led to USD sales across the board and EUR/USD
edged back to $1.1465 into Europe. Continued positive noises from the US/China
trade talks, as well as reports of China planning measures to boost domestic
demand, again provided a better tone to risk outlook. EZ data includes EZ
Unemployment, EZ Balance Sheet, both at 1000GMT. However, main focus on the day
seen on FOMC Minutes (1900GMT). Ahead of this we have Fed speakers, Fed
Bostic(1320GMT), Fed Evans(1400GMT) and Fed Rosengren(1630GMT). 
- Support $1.1435, $1.1420. Resistance $1.1470, $1.1485, stronger into $1.1500.
- Expiries of note for today's NY cut, $1.1400-15(E1.53bln)
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com