After kicking its heels for a while earlier we’re seeing some decent USD demand across the board as European trading gets fully underway.
USDJPY still looking perky above 105.00 and USDCHF has picked up some good demand t0 0.8959 dragging EURCHF back up in rush to new recent highs of 1.2292 from 1.2265.
Cable is lower at 1.6565 after its rush above 1.6600 earlier and EURUSD is on the back foot at 1.3720.AUDUSD also just posted new o/n lows of 0.8882 having failed once again to hold above 0.8920.
Remember we’re still in thin liquidity conditions.
