Free Trial

USD Lower, Focus Remains On Oil Spike, AUD & NZD Strongest Performers


The USD is weaker, with the BBDXY back sub 1223, off a little over 0.10% from Thursday NY closing levels.

  • AUD and NZD are the strongest performers, up 0.30-0.35%. Focus remains on higher oil prices, post the US/UK military strikes on Houthis in Yemen. WTI is now up 2.5% to $73.80/BBL, while Brent has gained 2.3%.
  • AUD/USD is tracking at 0.63710/15, while NZD/USD is just above 0.6250.
  • USD/JPY is lower, back towards 145.00, albeit still above session lows. This comes despite
  • US Tsy futures sitting comfortably off earlier highs.
  • Regional equity trends are mixed, while US futures sit lower, by around 0.15%.
  • China inflation data was close to expectations. USD/CNH is slightly lower near 7.1700 in recent dealings.

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.