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The overriding soft USD theme benefited......>

DOLLAR
DOLLAR: The overriding soft USD theme benefited EUR and GBP overnight. Eur/Usd
moved back above $1.2500 to print fresh 2018 highs of $1.2555. Pullbacks have so
far remained shallow with next resistance seen on approach to $1.2600 ($1.2598 -
61.8% $1.3994-1.0340). Cable regained $1.41, extended to $1.4144 before light
profit take sales emerged off the high. Next resistance in the pair seen at
$1.4151/58 (Feb5 high, 76.4% $1.4279-1.3765). Kiwi squeezed to Nz$0.7431,
falling just short of the Jan24 2018 high (NZ$0.7438).   

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