Headlines:Markets:AUD and NZD lead, USD lags on the dayEuropean equities higher; S&P 500 futures up 0.8%Gold down 0.1% to $1,837.62WTI crude up 0.
Headlines:
Markets:
- AUD and NZD lead, USD lags on the day
- European equities higher; S&P 500 futures up 0.8%
- Gold down 0.1% to $1,837.62
- WTI crude up 0.7% to $110.30
- Bitcoin up 1.6% to $20,875
With it being a long weekend in the US, markets are seeing less appetite to stray away from Friday’s bit-part relief.
Equities are trading a little higher after a dreadful escapade last week, with European indices holding decent gains with US futures also ticking higher. The dollar is seeing a bit of a retreat across the board as such amid the calmer risk tones.
EUR/USD was steady during the session around 1.0510-30 after advancing in Asia from its opening gap lower around 1.0475. Meanwhile, GBP/USD also recovered some ground in a push from 1.2230 to test its 200-hour moving average at 1.2281.
USD/JPY was little changed but retreated from 135.10 to 134.80-90 levels as the yen keeps pace with the dollar at the back of the group.
Elsewhere, AUD/USD and NZD/USD are both up 0.9% on the day to 0.6990 and 0.6360 respectively while the franc continues to push for gains after the SNB policy pivot last week. USD/CHF is down 0.5% to 0.9650 with the low earlier touching 0.9620.
It’s going to be a quiet one in the session ahead with Wall Street out for the day but there will be a couple of ECB and Fed speakers to keep things moving along as the new week gets underway.
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