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Small selling continuation

DOLLAR

USD stays better offered on the European open, a continuation from the Asian session.

  • The Dollar is underperforming against most G10 and EMFX.
  • The Greenback hovers near the low against ZAR, TRY, CHF, NOK PLN, CAD, INR and SGD.
  • ALL EYES on the ECB and Brexit development this afternoon today.
  • MNI TECH: Further selling traction in the USD would target EURUSD next resistance at 1.1865 High Sep 3, now at 1.1826.
  • Cable eye resistance at 1.3054 Low Aug 24, now at 1.3013.

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