The USD is mixed but lower
As NA traders enter for the day, the GBP is the strongest. The AUD is the weakest. The USD is trading a little lower but mixed.
The GBP pairs are the big movers with the major GBP pairs all trading above their 22 day averages. The other major currency pairs vs the USD are very contained with the ranges all less than 36 pips.
In other markets:
- Spot gold is up$9.50 or +0.67% at $1427.45
- WTI crude oil is up $0.18 or 0.32% at $56.95
IN the pre-market for US stocks, the major indices are lower:
- Dow, -96 points
- S&P -6.4 points
- Nasdaq -17 points
US yields are trading lower with declines from -2.7 bps to -3.5 bps
European 10 year yields area also lower. Italy yeilds are leading the way at -10.7 bps. France’s 10 year is down -3.4 bps to -0.122% (getting more negative). German yields are lower by 3 bps to -0.385%