Free Trial

USD Under Pressure Against Asia-Pac Crosses

FOREX

Antipodean currencies continue to perform well against the greenback, AUD/USD up 35 pips while NZD/USD is up 35 pips. USD/JPY down around 16 pips while USD/CAD is down 22 pips.

  • While the greenback is showing weakness against several crosses in Asia the dollar index is just about managing to stay in positive territory, moving in a narrow range through the session and holding near the highest levels since early April. DXY last up 0.005 at 92.230.

To read the full story

Close

Why MNI

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.