- The Dollar is on the front foot going into European session, paring some losses after taking its cue from a decent move lower in Yields in the past 3 sessions.
- While US Cash markets are closed for today, the US 10 Yield found support at the noted 4.2205% level Yesterday, printed a 4.2246% low, with a 111.01 high.
- That Yield level Equated to circa 111.03, this will still be the initial resistance area for Today in TYH5.
- Worst performer is the Yen in G10, down 0.36%, with the USDJPY some 120 pips off Yesterday's low, but the bigger picture is that the USDJPY has plummeted a whopping 426 pips just this Week, Monday's high sits at 154.72, all US Yield led.
- The Dollar continues to edge higher post the EU Cash Govie open, new intraday against the EUR, PLN, CZK, CHF, MYR,. GBP, CNH, CNY, SEK, and NOK.
USD: Extending broader highs into the European session
Last updated at:Nov-28 07:42By: Fabrice Ben Hassine
Major Currency Pairs+ 1
- The Dollar is on the front foot going into European session, paring some losses after taking its cue from a decent move lower in Yields in the past 3 sessions.
- While US Cash markets are closed for today, the US 10 Yield found support at the noted 4.2205% level Yesterday, printed a 4.2246% low, with a 111.01 high.
- That Yield level Equated to circa 111.03, this will still be the initial resistance area for Today in TYH5.
- Worst performer is the Yen in G10, down 0.36%, with the USDJPY some 120 pips off Yesterday's low, but the bigger picture is that the USDJPY has plummeted a whopping 426 pips just this Week, Monday's high sits at 154.72, all US Yield led.
- The Dollar continues to edge higher post the EU Cash Govie open, new intraday against the EUR, PLN, CZK, CHF, MYR,. GBP, CNH, CNY, SEK, and NOK.
