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In the red against G10

USD
  • DXY hovers at the session low, on the back of the Risk On tone, although Estoxx is still just shy of Yesterday's high at 4373.00, which is also this week's best level.
  • EU Banks stocks, not yet open, are still short of Italy's Bank tax announcement levels, but at current prices Cash Estoxx (SX5E) will be set to gap higher when it opens in just under 30 minutes.
  • The Dollar is at session low against the EUR, GBP, CZK, CAD, AUD, HKD, ZAR, KRW, and trades in the read vs all G10s, besides the Yen that sits 0.17% down.

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