Good Morning - RISK OFF - USD weakens further, US Equities closed flat, Asian markets down, Bonds up, GOLD out the park ($1435 and 6 year high - down to 1426 now) and JPY & CHF bid.
USDIndex breached n broke 96.00 - next stop 95.50,
JPY breached n broke 107.00 ( trades at 106.90 - CPI was a tick higher at 0.7%)
EUR holds 1.1400
GBP 1.2750
CHF - at 10 mth lows broke 0.9700 overnight
OIL - slips under $57.50 - Trump applies more sanctions on Iran and its leaders and OPEC meeting kicks off in Vienna
Today - CB Consumer Confidence & New Home Sales - OPEC meeting, 5 members of the FED have speeches (topped by Powell later tonight). More Dovishness too be expected ?
USDIndex breached n broke 96.00 - next stop 95.50,
JPY breached n broke 107.00 ( trades at 106.90 - CPI was a tick higher at 0.7%)
EUR holds 1.1400
GBP 1.2750
CHF - at 10 mth lows broke 0.9700 overnight
OIL - slips under $57.50 - Trump applies more sanctions on Iran and its leaders and OPEC meeting kicks off in Vienna
Today - CB Consumer Confidence & New Home Sales - OPEC meeting, 5 members of the FED have speeches (topped by Powell later tonight). More Dovishness too be expected ?