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NZD and the SEK are the best early performers

USD
  • The Dollar was mostly in the red overnight against most G10s, while Yen and the CAD were a touch in the red.
  • Since the European Cash Govie open, the Dollar has paired some small losses, and has extended to 0.29% versus the JPY.
  • SEK and NZD are still leading, albeit by just 0.19% and 0.18% respectively.
  • USDCHF has recovered 2.23% from last week's low, which was also the lowest level since 2015, now back above 0.8500.
  • Resistance in USDCHF is seen towards 0.8580 initially.

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