The US greenback has firmed up within the final two hours regardless of the US vacation.
The greenback is buying and selling at its finest ranges of the day towards the euro, pound, yen and loonie. The strikes aren’t massive however the greenback offered off early within the day and is now 20-30 pips from the lows.
Cable traded as excessive as 1.2629 in Asia however has sagged right down to 1.2594.
GBPUSD 10 minutes
There’s no catalyst to those strikes, simply flows in a lightweight market. S&P 500 futures are up 7 factors whereas European markets are blended.
I would not get too enthusiastic about any of those strikes however I’m maintaining a tally of USD/CAD as crude breaks by means of the January excessive.
