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Underpinned on Equities

USD

Continuation buying in the Dollar on the European open.

  • The move is mostly led by better selling interest in Equities, albeit trading within ranges.
  • USD tested high of the session versus GBP, AUD SEK, SGD, ZAR and RUB.
  • Cable saw some small traction lower early on, as French junior EU affairs said "they won't sacrifice fishermen in any Brexit deal".
  • Cable is now off the lows at 1.3340 (printed 1.3330 low)

Closest MNI tech:

  • AUDUSD support at 0.7373

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