Trading ranges of major currencies against the dollar remains relatively subdued as the market is awaiting a fresh catalyst
Not much else is happening at the moment, it's a quiet one in the last two hours. US 10-year yields have also dropped a little back to 2.625% while in commodities oil remains on the backfoot on the day as gold is up by 0.36% to $1,331.91.
Anyway, here are the trading ranges so far for dollar pairs:
- EUR/USD: 1.2232-70 (38 pips)
- USD/JPY: 110.79-13 (34 pips)
- GBP/USD: 1.3888-24 (36 pips)
- USD/CHF: 0.9563-96 (33 pips)
- USD/CAD: 1.2400-31 (31 pips)
- AUD/USD: 0.7996-21 (25 pips)
- NZD/USD: 0.7287-12 (25 pips)
In Asian equities, we're seeing a positive end to the week as investors remained buoyed by Chinese GDP figures yesterday - even as US stocks closed the day a little lower yesterday. The Nikkei is up by 0.13%, while Hang Seng is up by 0.26%. In China, the Shanghai Composite and CSI 300 indices are up by 0.52% and 0.76% respectively.
