Thanks Jamie for an excellent wrap of the overnight events. The dollar fell out of favour with everyone and some major levels were breached.
EUR/USD is back at 1.30 again and with the market focussing on the USD woes rather than those of the EUR, the short-term bull trend looks likely to continue (with the usual sharp pull-backs of course). The same applies to the GBP
USD/JPY and USD/CHF are in strong downtrends and they don’t look like they are about to change that anytime soon.
AUD and CAD also made big gains overnight. The AUD/USD broke above a major resistance level at .9410 and it was only a large option play ahead of .9475 which stalled the rally. The market will also now be on RBA watch.
Good luck today.