The USD is ending the week as the strongest...>

FOREX: The USD is ending the week as the strongest of the G10 currencies, not

only shaking off the post NFP volatility, but also poised to close on some

important long term technical levels, most notably against the CHF and GBP. This

has been achieved even with a bounce back in risk appetite as equity markets put

in a strong rebound at the end of the week, and the Fed's move to a more

"symmetric" inflation target this past week's FOMC meeting. Although US 10-year

yields have remained range bound this week, the pullback has remained limited

keeping the trend towards higher yields in place and the potential for another

move above 3.00% very much on the cards.