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Thursday, August 31, 2017

USD demand prevailing as Europe cranks up for the day

As NFPs loom later we're seeing some USD buying in early European trading USDJPY underpinned around 110.00 and USDCHF 0.9600 just off session highs. GBPUSD retreats to 1.2918 after failing at 1.2950 so after yesterday's hold of 1.2850 we have our latest range in place ahead of the key NFP data at 12.30 GMT.
USD demand prevailing as Europe cranks up for the day

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