Not a lot of love in the house for the greenback as European desks fire up
USDJPY down through 113.00 to post 112.91, lows not seen since Oct 20 while EURUSD marches higher to 1.1820 and GBPUSD has a look at 1.3180 offers/res.
Potentially risk-aversion with USDCHF not really coming lower, finding some support around 0.9875 at the moment with EURCHF still underpinned. AUDUSD showing no signs of wanting to take advantage either with AUDJPY supply helping to temper rallies. USDCAD down to 1.2716 from 1.2735
Military take over of Zimbabwe TV and reports of detaining the fin min just adding to the geo-political fragility. Military saying no coup but protecting Mugabe.
China's foreign min saying they are keeping a close eye on proceedings and that last week's visit by military chiefs was a "normal military visit". Oooooh, the intrigue.
