In relative terms Loonie and Kiwi are stronger than USD from Thursday, while Yen and Aussie are weaker. The other majors are flat, gold is currently at session highs at $1619 spot, and Brent oil is at $115.64, near highs since early May. In the local share markets front the scenario is mixed, with the Nikkei higher by +0.52% around the 9200 points, highest in 3 months, while Hong-Kong, Shanghai and S. Korean Kospi are all lower, with US SP500 futures also slightly lower from previous weekly close Friday, near 2012 highs.
USD index has been playing the range 82.90/82.20 for the last 8 days, coming lower from yearly highs by end July at 84.10, with the 82 round as next main support to the downside, followed by June 11 lows and 0.38 Fibo retrace of year up leg 78.10/84.10 at 81.80. For the upside, once above the upper bound of the range, next main resistance shows at June 04/Aug 02 83.50/4, followed by 2012 highs at 84.10.






