Euro Support Wilted After US Dollar Resumed Strengthening.

Euro and USD

The USD profited against most majors with exception to the Euro and Sterling going into the New close. The ‘big dollar’ has strengthened across the board going into the European open.

The Aussie Dollar has been a noted underperformer today after it dipped below 67 cents despite solid jobs data. The unemployment rate remains anchored near multi-generational lows at 3.4%.

Chinese and Hong Kong equity indices are much lower while Australian and Japanese stock markets are fairly flat.

The US will see data on housing starts, building permits and jobs, after Euro-wide CPI today.

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