September 18, 2024 06:35 GMT
The Yen is the best early performer
USD
- A mixed overnight session for the Dollar, the NOK was down a small 0.12%, while the Yen was the best performer, up 0.70%, as it faded some of the Dollar rally following the close to inline US Retail Sales.
- Post the European Cash Govie open, the Yen has given back some of the overnight gains and now sits 0.59% up, with the recovery losing traction.
- The Pound jumped just 18 pips on the inline UK Inflation data, but is fading back 10 pips from its high at time of typing.
- The peak of the 6th September NFP day of 1.3258 held Yesterday, and this remains the main initial resistance for Cable.
- The same traded high for EURUSD on NFP day was situated at 1.1155, and this level held Yesterday, after EURUSD only managed a 1.1146 high.
132 words