The USD is mixed.
As the North American session begins, the CHF is the strongest while the GBP is the weakest as EU says Brexit withdrawl agreement is not open for renegotiations. The USD Is mixed with small up and down gains/losses vs most pairs with the exception of the GBP (USD is up 0.41% vs the pound).
The trading ranges area modest with the EURUSD, USDJPY, USDCHF, USDCAD and AUDUSD all with ranges less than 40 pips. All pairs (inclusive of the crosses) are below their 22 day averages). THe GBPUSD is trading near the low as are other GBP pairs (EURGBP at high, GBPJPY at lows).
In other markets:
- Spot gold os trading down $3.47 or more 0.27% at $1299.67
- WTI crude oil futures are trading at $52.56. Down $-1.14 or -2.10%
- Bitcoin on Coinbase is trading down $119.31 at $3422
In the pre-market for the US stocks, indices are lower:
- Dow, -196 points
- S&P, -16 points
- Nasdaq, -47 points
In European markets
- German Dax, -0.4%
- France's CAC -0.64%
- UK FTSE -0.55%
- Spain's Ibex, -0.93%
- Italy's FTSE, -0.6%
In the US debt market, yields are trading mixed:
- 2 year 2.608%, +0.4 basis points
- 5 year 2.599%, unchanged
- 10 year 2.7548%, -0.3 basis points
- 30 year 3.058%, -0.7 basis points
