October 24, 2024 06:28 GMT
USD: Some overnight fades in the Dollar
USD
- The Dollar trades in the red going into the European session, just some small unwind, as the USD remains king for the past Month, and in the green across G10s for that period.
- While the Yen might be showing up 0.39%, the currency is down 5.88% for that 1 Month period, with USDJPY still above 152.00.
- Next resistance in USDJPY is at 153.19 High Oct 23.
- The NOK is the second best performing Currency, up 0.30%, but similar to the Yen, the Nokkie is the third worst performing Currency against the Dollar for this past Month, down 5.08%.
- For now USDNOK still trades well within Yesterday's range, and is still a few big figures short of Yesterday printed low of 10.9106.
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