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Trades in the red in early trade

USD
  • The Dollar shows in the red against all G10 and all the majors, but the bigger picture shows the Greenback well into the green for the last Month's period, only the CAD is flat for that duration.
  • The SEK is down 4.43% and the Yen 4.33% for that time.
  • Looking at the past 5 days, the Kiwi is down 3.41%.
  • Today, the Yen is the best early performer, albeit by just 0.20%.
  • Resistance in USDJPY will be seen at 140.23 High May 25, and support moves to 139.19 area, followed by 138.23 Low May 24 .

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