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The Dollar finds an early bid

USD
  • The Dollar finds a small early bid into the European Cash Govie open, albeit all in limited ranges, touching session high against the EUR, GBP, CZK, CNY, IDR, CNH, PLN, THB, and the SEK, although the latter is off its worst level.
  • Despite some of the early moves, the Dollar is mostly mixed against G10s, CAD and AUD are up 0.13% and 0.11% respectively.
  • On the other side, NZD is up 0.19% and EUR 0.13%.
  • Main focus is still on the super volatile Yen, after USDJPY traded in a HUGE 559 pips range yesterday, in what can only have been described as stops triggered below 144 Yesterday afternoon, all the way through 142.00 to print a 141.71 low Yesterday.
  • USDJPY has now recovered 251 pips from Yesterday's low.
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