After the opening hour in European buying and selling, equities caught a little bit of a pop larger. Since then, it has been comparatively quiet with shares simply holding barely larger whereas main currencies are doing a complete lot of nothing on the session. Greenback pairs are nonetheless sitting inside 0.1% change of each other, simply slugging alongside since earlier right here.
That stated, simply be aware that the buck nonetheless has the potential to leap larger in buying and selling this week: Greenback has the recipe for the subsequent leg larger
Elsewhere, bonds are additionally exhibiting little urge for food up to now immediately. 2-year Treasury yields are close to unchanged at 4.890% whereas 10-year Treasury yields are down barely by 1.5 bps to 4.153% at the moment. With little on the financial calendar immediately, the chance temper will likely be act as a key driver on buying and selling sentiment alongside the greenback technicals above.
