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USD Extends Gains In Early Asia Pac Trade, A$ & NZD Sub Friday Lows

FOREX

The USD is seeing firmer impetus in early Monday trade. AUD and NZD are the weakest performers at this stage. AUD/USD sits under 0.6500, down 0.30% for the session (last near 0.6490), while NZD/USD is off by around 0.20% (last close to 0.6050). Both currencies are sub Friday lows.

  • US Tsy futures are sub Friday lows at the margin, which is likely aiding USD sentiment. US equity futures are off slightly, (down 0.10-0.15% at this stage0.
  • USD/JPY is above 148.60 also above Friday highs, albeit just. EUR/USD is near 1.0770.
  • The focus point will be Fed Chair Powell's interview on 60 minutes coming up in around 40 mins, although the interview reportedly took place prior to the NFP print.

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