Free Trial
US

Atlanta Fed GDPNow Q1 '23 Est

EQUITIES

Earnings Cycle Reaches Critical Mass Next Week

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Remains in the red in G10s

USD
  • The Dollar remains on the back foot into the Cash Govie open, a continuation from the overnight session, after Fed Waller (most Hawkish after Bullard), said on Friday that he favors a 25bps hike at the next meeting.
  • The Dollar is in the red against all G10s, besides the Yen.
  • The Euro continues to benefit from the USD weakness and the latest ECB comments from last week.
  • The EUR leads against the Yen, up 0.89%, and tested its highest level since April overnight versus the Dollar, but off its best level, as (VGH3) pares gains.
  • Next resistance in EURUSD is at 1.0954 High Apr 11, 2022.
102 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
  • The Dollar remains on the back foot into the Cash Govie open, a continuation from the overnight session, after Fed Waller (most Hawkish after Bullard), said on Friday that he favors a 25bps hike at the next meeting.
  • The Dollar is in the red against all G10s, besides the Yen.
  • The Euro continues to benefit from the USD weakness and the latest ECB comments from last week.
  • The EUR leads against the Yen, up 0.89%, and tested its highest level since April overnight versus the Dollar, but off its best level, as (VGH3) pares gains.
  • Next resistance in EURUSD is at 1.0954 High Apr 11, 2022.