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USD finds another bid

CROSS ASSET
  • Some upside continuation in Govie futures, ERZ2 bought in 5k, Bund in 5k, OAT 1k.
  • US TYZ3 test intraday high, ahead of 108.17 Yesterday's high.
  • Better resistance is seen at 108.26+ in Tnotes.
  • The move lower in Yields, which are led by an unwind, after Yields traded at multi months, multi Years high, has no impact on the Dollar.
  • The Greenback is still on the front foot overall and testing session high against the EUR, JPY, CAD, CNH, CNY, AUD.
  • USDJPY now test yesterday's high at 145.19.
  • Main support in AUDUSD is at 0.6357.

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