ForexLive European FX news wrap: Dollar steady, equities sluggish



  • NZD leads, GBP lags on the day
  • European equities mixed; S&P 500 futures down 0.4%
  • US 10-year yields down 1.4 bps to 4.275%
  • Gold up 0.2% to $1,920.83
  • WTI crude down 0.5% to $87.06
  • Bitcoin up 0.1% to $25,690

There weren’t any major headlines during the session and market moves were relatively contained for the most part.

The dollar continues to hold steadier across the board, keeping a slight advance against the euro and pound. EUR/USD eased from 1.0720 to 1.0705, though still sitting in a 25 pips range on the day. Meanwhile, GBP/USD fell from 1.2500 to 1.2450 as the pound fallout continues – not helped by softer UK business inflation expectations.

USD/JPY is keeping lower though, down 0.2% at around 147.30 currently, as the bond selling this week takes a slight breather in European trading.

In the equities space, tech shares are the major laggards with Nasdaq futures trailing by 0.7% and that is pinning down S&P 500 futures by 0.4%. Dow futures are down 0.1% while European indices are a bit more mixed now after a slightly softer open. There’s still some hints of nervousness as we await further developments in the bond market.

Coming up later, there is the US weekly jobless claims but if not, do keep an eye on Treasuries to see if the selling will return and impact broader markets once again.

This article was written by Justin Low at

Go to Forexlive

Wie hilfreich war dieser Beitrag?

Klicke auf die Sterne um zu bewerten!

Durchschnittliche Bewertung 0 / 5. Anzahl Bewertungen: 0

Bisher keine Bewertungen! Sei der Erste, der diesen Beitrag bewertet.

Es tut uns leid, dass der Beitrag für dich nicht hilfreich war!

Lasse uns diesen Beitrag verbessern!

Wie können wir diesen Beitrag verbessern?