Technical Analysis

The NZD is the strongest (once more) and the EUR is the weakest

The USD is the blended

The NZD is the strongest foreign money (for the third day in a row). The EUR is the weakest as North American merchants enter for the day. The USD is blended with positive factors vs EUR, CHF and declines vs the NZD, AUD, GBP and CAD though most are little modified. The GBP is a bit stronger after a signficant beat with retail gross sales ( vs zero.2% est).  Brexit stays a priority although.  

The USD is the mixed

The adjustments and ranges are exhibiting the main foreign money pairs are exhibiting smallish ranges to this point at present, with the NZDUSDs 49 pips essentially the most. THe USDJPY and USDCHF solely have ranges of 29 pips and 23 pips.  When you have a look at the highest chart under, the USD is buying and selling on the excessive vs the EUR (down -35 pips) USDJPY, and USDCHF, however close to the day’s lows vs the CAD, NZD and AUD.  I assume that defines a blended USD image. 

The ranges and changes for the major currrency pairs
IN different markets:Spot gold is up $5.70 at $1318.48WTI crude is up $zero.51 at $54.93

US inventory futures are implying a better opening:

Dow, up 62 pointsS&P up 6 pointsNasdaq up 16 factors

Within the Europe, shares are up neatly:

German Dax, +1.3percentFrance’s CAC, , +1.47%UK FTSe +zero.6percentSpain’s Ibex, +zero.97%Italy’s FTSE MIB, +zero.46%

Within the US debt market, the snapshot reveals yiels up marginally (up about 1 bp), after sharper declines yesterday.

US yields are up marginally
The 10 12 months European debt yields are close to unchanged apart from the Portugal 10 12 months which is up 6.9 bps.
European shares are little changed

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