FX Update: Weekend Brexit vote. USD turning lower?
Yesterday saw the greenback breaking lower with no distinct narrative driving the move and a key resistance level taken out in EURUSD. Elsewhere, a nail-biting gap for sterling traders at the weekend on uncertainty over whether the votes are there for Parliament to pass the deal in a Saturday session and vote in Parliament.
FX Breakout Monitor: EURNOK at an all-time high
EURNOK has dramatically cleared local pivot levels and ripped and tested the all-time intraday highs from the global financial crisis today. Elsewhere, sterling has tested to new local highs, but is doing so in very choppy fashion as headlines are constantly shifting the path to a Brexit deal. AUD is trading heavily ahead of important employment data tonight.