FX leans more defensively as risk mood looks heavy ...Middle East

It is shaping up to be another classic risk-off tilt in European trading today. Equities are down, with S&P 500 futures now lower by 0.3%, and 10-year Treasury yields are also down by 1 bps to 4.383% on the day. In turn, that is seeing the likes of the dollar, yen, and franc post a slight advance against the rest of the major currencies bloc.USD/JPY itself is also marked down by 0.4% to 155.40 levels on a break below 156.00 earlier in the session:The pair is now eyeing support at the 155.00 level next.Meanwhile, USD/CHF is also down 0.1% to 0.8945 after the break below key support at 0.9000 yesterday. The dollar is under a bit of pressure there as highlighted earlier here.But elsewhere, the

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Last updated : 04 June 2024 clock 11:44 AM

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FX leans more defensively as risk mood looks heavy ...Middle East

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