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In the green across the majors

USD
  • USD remains on the front foot since the European Govie cash open, a continuation of the overnight session.
  • The Dollar is in the green across the majors, besides the Yen, which is benefiting from the lower US Yield.
  • Worst performer is the Kiwi, albeit just off its worst level.
  • NZDUSD trades at the lowest level since June 2020, and has found support just ahead of the 61.8% retrace of the 2020/2021 rally at 0.6232, printed a 0.6237 low so far.

Chart source: MNI/Bloomberg

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  • USD remains on the front foot since the European Govie cash open, a continuation of the overnight session.
  • The Dollar is in the green across the majors, besides the Yen, which is benefiting from the lower US Yield.
  • Worst performer is the Kiwi, albeit just off its worst level.
  • NZDUSD trades at the lowest level since June 2020, and has found support just ahead of the 61.8% retrace of the 2020/2021 rally at 0.6232, printed a 0.6237 low so far.

Chart source: MNI/Bloomberg