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Now in the red against G10s

USD
  • USD has continued to pare overnight gains, and is now in the red against all G10, besides the Yen, although even the latter has now retraced 56 pips since the high print of 121.03 in USDJPY.
  • The USD test low against AUD, CHF, SGD.
  • The Kiwi is now up 0.90% and highest since 23rd November
  • .Immediate resistance is coming up at 0.6955, the 50% retrace of Oct/Feb fall.

Chart source: Bloomberg

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