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USD is now in the red in G10

FOREX
  • USD is now in the red against all G10, after being up versus the AUD and NZD overnight.
  • The Greenback is taking its cue from the extensions higher in Equities, Risk On tone.
  • The Pound is the best performer against the Dollar, up 0.42%., with initial resistance in Cable still eyed at 1.2552/1.2559 area.
  • Resistance in EURUSD is further out to 1.0769/87 Bear channel top from Feb 10 high / High May 30.

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