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Reverse some of the early weakness

DOLLAR

USD sees better buying now, as Equities tick back lower.

  • A mixed price action in early trade, with EURUSD and Cable now back towards their respective lows.
  • Cable has reversed that morning spike, up to 1.2805, and now trades 1.2744.
  • USD is performing best against the Scandies in G10, up 0.47% versus the NOK and 0.24% versus the SEK.
  • Main initial resistance in USDNOK is at yesterday's high 9.5965, which failed to break multiple times, looking at the hourly chart..

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