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In the red against all the majors

USD
  • The recovery in Indices Yesterday and the bid overnight, has kept the Dollar on the back foot today, with the NOK the early best performer overnight, but now taken over by the Aussie, up 0.23% vs the Greenback.
  • Despite the recovery in Equities Yesterday, although Banks were off the lows, SX7E still struggled, focus will again be on the European Equity cash open in 32 minutes.
  • Resistance in AUDUSD will be at 0.6610.
  • The Pound sees early small broader base buying, touching highs against the Yen, EUR and USD.

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