Trial now
US TSYS SUMMARY

Reversing Overnight Risk-Off Tone

AUDUSD TECHS

Remains Vulnerable

US

Pres Biden Budget Proposal Ests

EURJPY TECHS

Needle Still Points South

USDJPY TECHS

Resistance Remains Intact

EURO-DOLLAR
EURO-DOLLAR: Recovery off traded low of $1.1743 picks up a bit of momentum as
rate lifts back to $1.1758. Move seen outpacing cable's recovery and takes
Eur/Gbp to a fresh high of Gbp0.8915, with Eur/Jpy also influenced by general
Eur demand. Eur/Usd resistance seen into the earlier Asian high of $1.1770.  
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com