DXY posts session lows as USD fragility continues

USD supply once again notable as NA session gets fully under way 23 Jan

Softer US treasuries adding to the pressure and now the USD Index ( DXY) down on session lows.

GBPUSD up to 1.3983 EURUSD 1.2267 with USDCHF down testing 0.9600 again AUSD still held up above 0.7950 and hanging around 0.7970 while USDCAD still stuck in a 1.2460-90 hole as NAFTA talks cast a shadow.

USDJPY has bucked the trend though after once again finding support/demand into 110.30, giving good protection to the 110.00 barrier option still. The pair still looks heavy though.

No great trend or real correlation on any of it still so keep playing those ranges. No changes to current tones expected anytime soon as I've been saying for a while.