- CAD is ahead, JPY is late for the day
- European equities on the rise; S&P 500 futures up 0.3%
- US 10-year yields drop 2 bps to 1.76%
- Gold up 0.2% to $ 1,805.20
- WTI up 1.6% to $ 79.47
- Bitcoin up 0.3% to $ 41,858
It was mostly calm in Europe as the major currencies meandered for most of the session.
The dollar and the yen were the first to lag behind as the risk mood remained slightly more bullish after equities rebounded yesterday. But as the session progressed, the greenback has cut some of the losses not to change much, most of the time now.
EUR / USD climbed to 1.1350 before falling back to 1.1330. Yes, the range still leaves a lot to be desired.
Meanwhile, the USD / JPY is seeing a slight boost to the upside from 115.25 to 115.45 as the Yen lags in all areas. This comes as stocks pull higher, with European indices rising by around just over 1% and US futures also rising on the day.
The loonie is the main gainer among the major currencies, with USD / CAD down 0.3% to 1.2640, while largely retaining the gains in Asia. This is helped by a surge in oil prices with WTI rising 1.6% to $ 79.47.
Elsewhere, Treasury yields look a bit heavy again after yesterday’s pullback. The 10-year yields are down 2 basis points to 1.76%, which also allows tech stocks to breathe a little easier right now.