- The Dollar is deep in the Green across the board, as Desks trim rate cut bets from the Fed, as Trump is projected to win the US Election.
- The EUR was the worst performer overnight and remains the worst performer into the European session in G10s, albeit off its worst level right now.
- Support in the EURUSD is at the overnight intraday low of 1.0703, followed by 1.0666 Low Jun 26 and a key support.
- Market participants are also keeping a close eye on the USDJPY, after the cross breached 154.00, on the back of the Higher US Yields.
- USDJPY printed a 154.38 high overnight, highest level since 30th July, but is fading somewhat, since US Treasuries futures are off their lows into the European session.
USD: In the Green against all the Majors
Last updated at:Nov-06 08:33By: Fabrice Ben Hassine
Major Currency Pairs+ 1
- The Dollar is deep in the Green across the board, as Desks trim rate cut bets from the Fed, as Trump is projected to win the US Election.
- The EUR was the worst performer overnight and remains the worst performer into the European session in G10s, albeit off its worst level right now.
- Support in the EURUSD is at the overnight intraday low of 1.0703, followed by 1.0666 Low Jun 26 and a key support.
- Market participants are also keeping a close eye on the USDJPY, after the cross breached 154.00, on the back of the Higher US Yields.
- USDJPY printed a 154.38 high overnight, highest level since 30th July, but is fading somewhat, since US Treasuries futures are off their lows into the European session.
