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USD pare gains

CROSS ASSET
  • USD pare some of the overnight and the early trading gains, during the early EU session.
  • The Equity bid is the driver for the USD.
  • Volumes in Govies, Rates and FX turnovers remains fairly subdued

FX TURNOVERS vs 5 Days averages

  • EUR 20%
  • GBP 22%
  • JPY 34%
  • AUD 19%
  • CAD 15%
  • CHF 17%
  • NZD 16%
  • NOK 9%
  • SEK 17%

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