Via eFX, the latest FX pair momentum signals from BNP

The following are the latest signals from BNP Paribas FX Momentum which measures the strength of a currency's trend based on FX price action, rates and equities.

"The USD's bullish momentum remains strong with a score of +63. All components of our momentum indicator - FX, rates and equities - have moved in favour of the USD in recent weeks.

On a currency pair basis, the strongest momentum signals are bullish USDCHF and USDNOK and bearish GBPNOK and GBPCHF," BNPP notes.