Jackson Hole on the horizon for markets this weekWhat are the interest rates expectations ahead of the Jackson Hole Symposium?Cryptocurrencies lose altitude to start the new weekTrump reaffirms executive order to get rid of mail-in ballots for midterm electionsTrump scheduled for sit down with Zelensky before meeting European leadersEurozone June trade balance €7.0 billion vs €13.0 billion expected
Markets:
NZD leads, JPY lags on the dayEuropean equities lower; S&P 500 futures down 0.1%US 10-year yields down 2.5 bps to 4.296%Gold up 0.3% to $3,346.76WTI crude up 0.6% to $63.19Bitcoin down 2.1% to $115,041For today, it's more of a tentative mood across asset classes. In FX, the dollar is lightly changed with narrower ranges prevailing. USD/JPY is up only 0.2% to 147.50 while EUR/USD is down 0.1% to 1.1683 on the day. Meanwhile, USD/CAD is down 0.2% to 1.3793 while AUD/USD is seen marginally higher by 0.1% to 0.6510. The changes show a lot to be desired to start the week.
Elsewhere, gold is up slightly but remains largely in a consolidative mood since the end of May as pointed out here. Among the more notable movers are actually cryptocurrencies with Ethereum down almost 5% to $4,268 as the recent upside momentum fades, with Bitcoin also seeing a loss of altitude and is down over 2% to $115,041.
This article was written by Justin Low at investinglive.com.Hence then, the article about investinglive european session wrap dollar steady amid tepid market mood cryptos retreat was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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