The USD is mixed with little price action

The GBP is the strongest, rallying despite the no-confidence vote later today. The idea is that Brexit might have to be delayed. The GBPUSD is trading at new session highs as I type. The NZD is the weakest despite higher stocks. The USD is leaning lower with gains vs NZD, falls vs the GBP, EUR, AUD and CAD, and near unchanged vs the JPY and CHF.

Looking at the changes and ranges, GBP paiirs and NZD are moving but the others are not. The EURUSD has a narrow 49 pips but is being dragged up by the GBPUSD and trading at the highs at the start of the NA session. The USDJPY, USDCHF and AUDUSD has traded above and below the unchanged line and trades within 9 pips of that line currently. The USDCAD and NZDUSD are trading near the sessions lows.

In other markets, the snapshot is showing:

  • Spot gold is trading up $1.60 or +0.12% at $1244.60
  • WTI crude oil is trading up $0.92 or +1.80% at $52.59
  • Bitcoin on Coinbase is trading up $33 at $3406. The digital currency is going sideways and trades above and below the 100 hour MA at $3414. The 200 hour MA is at $3535. A move above (and staying above) would be a bigger step in the bullish direction.

The US stock futures are implying a higher opening:

  • The Dow, +254 points
  • The S&P, +27 points
  • The Nasdaq +81 points

European shares are higher:

  • German Dax, +1.20%
  • France's CAC, +1.90%
  • UK FTSE, +1.30%
  • Spain's Ibex +1.12%
  • Italy's FTSE MIB,+1.70%

In the US debt market the yields are up with the yield curve steeping a bit (2-10 to 12.33 bps).

The European shares are mixed with Italian yields moving sharply lower.