Free Trial

Similar unwind in the Dollar

USD
  • The Dollar is seeing similar flows seen across assets, with some consolidation lower in Yields, Risk turning back On, as Investors fades off Key levels in Yields.
  • This has helped the USDJPY closer to the 154.00 figure, although markets participants will still be keeping a close eye on how the price action action develop going forward.
  • Best early performers are the Scandies, but the Stokkie leads in G10 against the Greenback, up 0.39% in early trade.
  • USDSEK found some good resistance at the 11.00 mark Yesterday, which was its highest print since November, but has now broken below Yesterday's low, with support seen at 10.8254 initially.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.