#OPINIONLEADER#
Morning market update 20 10 2021:
The DXY bounced after a brief test of below 93.50 with the risk sentiment remaining on this week. Last night there was US Building Permits which came out worse than expected although not seeing much of a reaction from the DXY. Today has significant data out for the GBP & EUR both with CPI coming out at 14:00 GMT+8 for the GBP and 17:00 GMT+8 for the EUR. The GBP is in focus for today's currency call and holds above the support level at 1.37520 an easing of price back to this level or close to it in conjunction with the CPI release will keep the GBPUSD on watch for today.
I've attacehd the daily chart of the USD Index and the US 10 year treasury bond yield as of 20 10 2021:
- 00:07:36
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