FOREX SUMMARY

EUR has seen broader base selling during our early European session.

• The currency touched low of the session against USD, GBP, CNH, CAD, JPY, AUD and is underperforming against all majors besides the SEK
• GBP came under early pressure following report that EU envoys briefed that the UK hasn't moved on 3 main hurdles.
• Cable moved from 1.3269 down to 1.3251, but since recovered after a round of Equity buying hit our screens, with the move higher related to index option expiry.
• Cable is back at 1.3272 at the time of typing
• AUDNZD resumed its downside momentum through lowest levels seen since April 2018, but failed to break the psychological 1.0500 area.
• Looking ahead, we have no data of note, although we still have few more speakers scheduled, including ECB Weidmann, and Fed Kaplan, Barkin and George.
• ALL EYES remains squarely on Brexit, Covid, and US Election certification count going into next week