USD in demand as euro, pound and yen feel the heat
The euro has given up its earlier run to 1.0801 and has now reversed to 1.0709, and through the late Asia lows of 1.0715
GBPUSD has edged away from the highs but it making more of a fist of things and doesn't look willing to give up just yet. Support at 1.5050 gave up and we could see resistance coming in there now. 1.5028 has been the low in this latest move with support at 1.5020
You can't keep a good dollar down and USDJPY is wandering up towards the overnight and yesterdays highs around 119.80. 119.72 the high so far in this run
US bond yields are up across the board, helping the dollar's cause. 10's get you 1.92% +1bp on the day
At the top of the hour we have existing home sales from the states. 5.03m is expected for the March numbers following 4.8mm starts in Feb. Not as important as new home sales but it will be watched closely for a strengthening market by the hawk traders
Eurozone consumer confidence is out as well and we'll see whether it can claw it's way closer to the happy line of zero. -2.75 is expected from -3.70 prior