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USD extends higher

CROSS ASSET
  • Broader upside extension for the USD, DXY edges to session high, and the Dollar prints new highs against the AUD, GBP, CNH, CNY, CAD, NOK, NZD, helped by the push lower in US Treasury futures.
  • US 10yr Yield print a 16yr high on Friday, with a 108.08 low in TYZ3, will the support to watch.
  • The move in the US keeps the lid on Bund.
  • AUD is the worst performer in G10, on China Evergrande concerns.
  • AUDUSD eye 0.6400 next, but support is at 0.6357 Low Sep 6 and the bear trigger.

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