The USD is mixed
As London/European traders look to exit for the day, and pass the baton to skeleton., "short end of the stick" staff in the US (US and Canada holiday today), the GBP is the strongest, while the NZD is the weakest. The USD is mixed with gains vs the NZD, AUD and JPY and declines vs the GBP, EUR, CHF and CAD.
The ranges and changes are showing the NZDUSD and AUDUSD are both near session lows after moving higher earlier. They are both in negative territory now. The NZDUSD was the strongest currency last week after the RBNZ's "less dovish" comments on Wednesday. The USDJPY is traidng near the day's highs but the range is only 22 pips. So you can't get too excited about that pair. The rest of the pairs vs the USD are off lows and highs, with modest ranges.
In other markets, the snapshot is showing:
- Spot gold is up $4.50 or 0.34% at $1326.05
- Spot silver is trading up 2.4 cents or 0.15% of $15.81
- Bitcoin is running higher today. On Coinbase it is tradiing up $263 at $3846.98. The 100 day moving average is currently at $3867.40. The high price today did extend above that key moving average to a high price of $3917. That was the first look above the 100 day MA since October 15, 2018. The last close above the 100 day moving average, was on September 5, 2018. The price has shot up, following the announcement from JP Morgan that it is launching its own JPM Coin cryptocurrency.
