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In the red against G10s

USD
  • The Dollar stays on the back foot, but has paired some small selling noted into the cash Govie open.
  • Best early performer is the SEK, with the latter gaining 1.38% from Monday's low, now sitting 0.23% up against the Greenback.
  • Overall looking at the 1 month window, the USD is in the red across G10s, with the Pound the best performer, up 3.35% at current levels (1.2433), albeit now short of the April high at 1.2525.
  • Initial support for USDSEK is still at 10.4100.

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