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Unwinds early gains

USD
  • USD gives back some of its gains in G10.
  • AUD is now back to flat versus the Greenback, after being one of the worst performer overnight, following report of new 2 months high in Covid cases.
  • Nonetheless, market participants are slowing turning their attention (besides CB meetings) to the Australia employment release on Thursday. Consensus for the Data, are going for 200k Employment change from -46.3k last.
  • Worst performer in G10 versus the Dollar is now the NOK down 0.22%, despite some bounce higher in Oil and Risk.

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