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USD lifted on the European open, led by Treasuries

USD
  • USD edges back into Green territory, after been mostly offered overnight.
  • This is led by US yields once again, as Tnotes test another session low.
  • The contract is testing next yield resistance at 1.54%, above the latter sees 1.59%.
  • In terms o pure technical, next stop, sees 131-11+ 1.236 proj of the Aug 4 - 11 - 17 price swing, and a clear break through the latter would eye 131-03+ Low Jun 25
  • US leading here, with decent clip sellers. Bund at session low, and Tnotes/Bund widening by 1.7bp, widest since last Month (27th August)

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