The NZD is the strongest. The JPY is the weakest at the start of the week
Technical Analysis
The USD is stronger vs all but the NZD
The NZD is the strongest of the majors. The JPY is the weakest as the week gets going. The USD is stronger with the USDJPY up 0.44%. That pair is trending higher on the day. The CADJPY and NZDJPY are also trending today (thanks mostly to the USDJPYs move).
The snapshot of other markets is showing:
- Spot gold is lower by -$8.50 on the stronger dollar at $1305.89 (trading at the low). Looking toward $1300
- WTI crude oil is down -$0.28 at $52.43
US stock futures are called higher:
- Dow up 110 points
- S&P, up 9.7 points
- Nasdaq up 33 points
In the debt market. US yields are higher (helping the dollar in the process) with yields up 0.7 to 1.6 bps at the morning snapshot.
The 10 year benchmark yields are higher as well with exception of Italy.
