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The USD traded in mixed fashion overnight.....>

FOREX
FOREX: The USD traded in mixed fashion overnight following a modest bout of
softness running in to the Tokyo fix, with the DXY last at 89.81.
- The EUR outperformed in early dealing, but now sits at virtually unchanged
levels, while the JPY garnered demand around the aforementioned Tokyo fix as the
NZD lagged following the release of a surprise trade deficit.
- Notable risk events on Tuesday include Fed Chair Powell testifying in front of
Congress, a speech from the Bundesbank's Weidmann, German CPI & the release of
the Canadian Budget.
- Focus will also fall on the EURUSD around the 10AM NY option cut, with
EUR1.16bln worth of 1.2350 strikes set to roll off today.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
Energy BulletsCommodities
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
Energy BulletsCommodities

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