The buck was the perfect performing main foreign money yesterday because it continued its restoration path from the latter levels of final week. That noticed a turnaround in near-term sentiment for some greenback pairs however merchants are nonetheless trying slightly tentative for now. The greenback is barely on the backfoot in the present day, with broader market sentiment additionally slightly pensive forward of European buying and selling.
EUR/USD is up 0.1% to 1.0255 however holding inside a 27 pips vary, with sellers nonetheless in near-term management after the drop yesterday here. USD/JPY is down 0.3% to 141.70, although patrons are additionally holding near-term management after the upside push here.
S&P 500 futures are up simply 3 factors, or 0.07%, as tepid tones are prevailing for now. If threat does take a flip decrease and builds on yesterday’s retreat, which may invigorate greenback bulls once more within the session forward.
In any other case, we could be in for extra of a push and pull form of day with the vacation season arising.
2 – This was solely the second time that England has scored six targets in a significant event, with Jude Bellingham being the nation’s second youngest objective scorer at a World Cup.