Major currencies not doing much so far on the session | Forexlive

The dollar is keeping more mixed with light changes being observed overall. There’s not much appetite or follow through, as traders are keeping a watchful eye on the bond market for anything. USD/JPY is one to pay attention to as such but is running up against a key resistance region as outlined here.

Besides that, all the other major currencies are stuck in narrower ranges on the day. The antipodeans are up slightly but it’s not really saying a lot after the fall yesterday. AUD/USD is up 0.3% to 0.6678 but is still keeping below its own 100-day moving average of 0.6695.

Just be wary though that the risk mood is starting to shift a little with US futures now trending lower. S&P 500 futures are down 0.5% with 10-year Treasury yields keeping higher at around 4.21%.

That might eventually lead to some spillover moves in FX later on in the day.

#Major #currencies #session #Forexlive

HINDI NEWS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related News

More News

More like this
Related

‘A number of businesses in limbo’ in China after US tariffs on imports

Companies have been sharing their concerns about the impact...

India To Play Three ODIs And Three T20Is In Bangladesh In August; Check Full Schedule-OxBig News Network

The Bangladesh Cricket Board (BCB) on Tuesday announced the...

Nigel Farage clashes with teaching union over ‘far right’ claim-OxBig News Network

A row has erupted between Nigel Farage and Britain's...