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USD Gains Extending

USD

The USD, which has been on the front foot for much of the session, is seeing gains extend.

  • All G10 FX are now weaker on the day, with AUD/USD now to fresh lows sub 0.7170, after trading resiliently for much of the session. JPY and NZD are off by 0.4%.
  • Other pairs are more mixed. USD/CNH is the standout in the USD/Asia space, up over 0.40% to be above 6.7000. This has dragged other pairs higher. Only INR is up slightly for the day
  • These moves have coincided with a dip in US equity futures, although they remain in positive territory. Hong Kong shares are also a drag on risk appetite.

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