USD is now in the red in G10
Jun-06 07:12By: Fabrice Ben Hassine
Oil Bullets+ 1
- USD is now in the red against all G10, after being up versus the AUD and NZD overnight.
- The Greenback is taking its cue from the extensions higher in Equities, Risk On tone.
- The Pound is the best performer against the Dollar, up 0.42%., with initial resistance in Cable still eyed at 1.2552/1.2559 area.
- Resistance in EURUSD is further out to 1.0769/87 Bear channel top from Feb 10 high / High May 30.
