The USD is the strongest. The NZD is the weakest as the NA session begins
Snapshot of the gainers and decliners at the start of the day
The USD is the strongest currency. The NZD is the weakest as the NA session begins. The major currency pair are finding a new bid and trade near session highs as the NA trader join the fight.
Most of the pairs vs the USD, spent most of the day with the dollar being positive. The USDCAD has the biggest pip move with a change of 61 pips in the snapshot. That pair is testing its 61.8% of the move down from the March 2018 high at 1.2896. The high reached 1.28966.
The EURUSD has shed 52 pips (USD higher). That pair is testing the 38.2% of the move up from the November 2017 swing low at 1.2172 (the low reached 1.2174 so far).
In other markets today:
- Gold is falling on the stronger dollar and the 10 year moving above 3% (at 3.024%). It is down -$10.30 or -0.80$ at $1319.84
- WTI crude oil is down -$0.14 or -0.21% at $67.56
- Bitcoin tested the 200 day MA at $9867 (the high reached $9763 – close enough). The price has moved back lower and trades down -$365 to $9090.
In the US pre-market stock market:
- Dow is up 10 points
- S&P is down -6 points
- Nasdaq is down -8 points
US yields are higher:
- 2 year 2.4959%, +2.1 bps
- 5 year 2.841%, up 1.6 bps
- 10 year 3.02%, up 2.0 bps
- 30 year 3.199%, up 1.6 bps
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