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Safer haven favoured

USD
  • Despite higher Yield and the continued Risk Off, the Dollar remains on the backfoot, overnight and into the cash EU Govie open.
  • CHF and JPY, seems to be benefitting from some safer haven flow, and are the early best performers in G10s, although, the Yen is way ahead, up 0.67%, and broke below the 144.00 overnight.
  • The Dollar hovers at session low against the SGD, AUD, SEK, ZAR, CNY, CNH, NOK, PHP.
  • Gold is firmer on the on the Dollar move.
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