Headlines:Markets:USD leads, JPY lags on the dayEuropean equities higher; S&P 500 futures down 0.1%US 10-year yields up 2 bps to 2.809%Gold down 0
Headlines:
Markets:
- USD leads, JPY lags on the day
- European equities higher; S&P 500 futures down 0.1%
- US 10-year yields up 2 bps to 2.809%
- Gold down 0.2% to $1,775.73
- WTI crude up 0.9% to $90.17
- Bitcoin down 0.1% to $24,041
There wasn’t much in terms of key headlines to move markets and equities and bonds are also not offering much direction in general, but the dollar continued to march higher as it builds off the recovery momentum from Friday.
USD/JPY is a notable mover as it climbed from 133.30 to 134.40 levels, though the pair has been known for more volatile ranges as of late. That said, it is still keeping within the confines of key technical levels i.e. 100-day moving average and 135.00 for the time being.
Meanwhile, EUR/USD fell from 1.0150 to 1.0125 and GBP/USD dropped from 1.2045 to 1.2010 on the session. The moves are still not pushing against key support levels for both pairs (1.0100 and 1.2000 respectively) but we are getting there.
Elsewhere, the antipodeans continue to look shaky as AUD/USD is down 0.4% and flirting with a drop below 0.7000 while NZD/USD is down 0.7% to 0.6320 on the day.
With there being little else to work with, it looks like traders are just taking a cue from yesterday mostly as we await further key developments in the inflation, economy, and central bank debate.
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