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The Kiwi remains the worst performer in G10s

USD
  • The Dollar was and is mostly in the green against all G10 overnight, with the kiwi the worst performer and eyeing next immediate support at 0.6086, the very short term 38.2% retracement taken from the last US CPI miss from the 14th November to December.
  • Note that NZDUSD was trading as low as ~0.5871 pre US CPI miss on that day.
  • The Pound is the 3rd worst performer, following the UK data misses, but Cable is still short of Yesterday's worst level and also the December low situated at 1.2503, seen as the first immediate support area, now trading at 1.2530.

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