A more classic risk off wave gets ready to greet European traders today ...Middle East

The dollar is keeping a slight advance against most major currencies, only seen down against the yen and franc. It's a more classic flight to safety reaction with equities being pressured further. Meanwhile, bond yields are slightly lower on the day after the selloff there in the past two days. USD/JPY is now down 0.5% to 156.80 levels:The chart above shows that the near-term bias is back to being more neutral as well. That comes amid a break back below its 100-hour moving average (red line) of 157.05 earlier.Besides that, USD/CHF is down 0.1% to 0.9120 but the dollar is seen gaining elsewhere in the major currencies bloc. EUR/USD is down 0.1% to 1.0790 while AUD/USD is down 0.2% to 0.6595 c

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A more classic risk off wave gets ready to greet European traders today ...Middle East

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