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USD bid, while the EUR is offered

FOREX
  • A combination of better early USD buying, and a better offered EUR as we start the week.
  • The EUR is down across G10s, while the USD sees small extensions higher, despite some consolidation higher in Equities.
  • CAD is the best performer against the EUR and USD on the back of a higher WTI.
  • EUR test session low versus the SEK, USD, AUD, GBP, CAD, CNH and CNH.
  • Technically, for the EURUSD, support is seen further out, towards 1.1758 61.8% retracement of the Aug 20 - Sep 3 rally

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