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USD Marginally Lower In Asia

FOREX

The greenback ticked lower in Asia on Friday, BBDXY is down ~0.1%. US Equity Futures have pared some of Thursday's losses, e-minis are up ~0.5%, and US Tsy Yields are a touch firmer.

  • The AUD is leading the bid in the G-10 space, AUD/USD is up ~0.2% at $0.6335/40. Technically The bearish outlook for AUD/USD is intact, support comes in at $0.6270 the Oct 26 low and key support. Resistance is at $0.6414, 50-Day EMA.
  • Kiwi is little changed today, a narrow $0.5820/30 range has persisted for the most part. AUD/NZD has ticked higher, the pair continues to consolidate between the 200-Day EMA and the $1.09 handle.
  • Yen is a touch firmer today. The uptrend remains intact, resistance now comes in at ¥151.09, 2.674 proj of the Jul 14-21-28 price swing. Support is at ¥149.37, the 20-Day EMA.
  • Elsewhere there have been little moves of note in G-10 space.
  • The docket is light in Europe today.
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