USD was seen under pressure across the........>

FOREX: USD was seen under pressure across the board Tuesday, allowed EUR/USD to

push to a fresh YTD/18-month high of $1.1535. Rate had met stiff resistance at

the Mar9 high of $1.1495 before making the break above $1.1500, momentum slow,

but demand constant($1.1570/80 on the horizon?). Buoyant equity market had

provided a boost via positive risk flow, along with the earlier EuCo COVID-19

recovery plan agreement(though initial reaction only took EUR/USD to $1.1470

before it dropped to $1.1428 on profit take sales). Cable pushed above $1.2700,

stretched on to $1.2752 at the fix, which in turn allowed EUR/GBP to ease back

below its key 10-dma at Gbp0.9027 but bounced back above after meeting decent

demand into Gbp0.9000. USD/JPY and USD/CHF also pressed lower on the USD

weakness, former to Y106.71, latter Chf0.9325. Commodity currencies also

performed well, AUD/USD pushing to fresh YTD highs of $0.7126.

- Wednesday brings Japan Jibun Bank Mfg, Svcs PMI, Australia WestPac Leading

Index, US Existing Home Sales, Canada CPI.