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The USD weakens ahead of the NY crossover.....>

FOREX
FOREX: The USD weakens ahead of the NY crossover with modest gains seen across
the board. SEK continues to outperform with gains of 0.51%, closely followed by
NZD (0.44%). GBPUSD squeezes to $1.3270 and holds firm, expect resistance around
the $1.3300/05 area ($1.3301/02 - Jul10 high/76.4% $1.3363-1.3103). EURUSD
touched $1.1710 but again failed to break resistance placed here. AUD & CAD
improve to $0.7438/C$1.3143. DXY eases to 94.53, technical support is seen at
94.48 which represents the 50% retracement of 93.71-95.24. Last 94.66. ZAR, RUB
& HUF top EM space FX.

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