USD demand notable as another week gets underway

Markets starting to cast aside concerns over North Korea/Trump 14 Aug

The sentiment change began in Asia and initially saw yen and swiss franc selling that also underpinned core pairs but now it's a clearer USD+ sentiment prevailing.

USDJPY up to test offers/res at 109.80 with more interest all the way into 110.00 and USDCHF on 0.9665 session highs also just ahead of offers/res between 0.9680-00.

GBPUSD has once again failed above 1.3020 in Asia ( keep selling those rallies) and now posting/testing 1.2980 while EURUSD has given up on early gains to 1.1838 to now retreat and test decent support/demand between 1.1790-00.

Ranging for the moment though until/unless these levels ( all highlighted on the order board posts) break.

All still delicately poised so don't get greedy.

GBPUSD still failing into 1.3030 but dip buyers still lurking

investingLive Premium
Telegram Community
Gain Access