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USDCAD TECHS

Impulsive Rally Extends

US TSYS

Late Eurodollar/SOFR/Treasury Option Roundup

EURJPY TECHS

Price Is Below The 50-Day EMA

US

Late Corporate Credit Update

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Minor Downtick For Greenback, Price Action Contained

USD
  • Fed flagging softer spending, production indicators prompts a very minor downtick for the US Dollar with USDJPY dipping briefly to 136.85 from 137.20, however, price has now recovered back above 137.00 and is approaching pre-announcement levels as we head toward the press conference.
  • Major currencies remains fairly subdued for Wednesday, with EUR (+0.25%) and GBP (+0.29%) slightly outperforming and NZD the notable laggard, retreating 0.3% as of writing.
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  • Fed flagging softer spending, production indicators prompts a very minor downtick for the US Dollar with USDJPY dipping briefly to 136.85 from 137.20, however, price has now recovered back above 137.00 and is approaching pre-announcement levels as we head toward the press conference.
  • Major currencies remains fairly subdued for Wednesday, with EUR (+0.25%) and GBP (+0.29%) slightly outperforming and NZD the notable laggard, retreating 0.3% as of writing.