The aussie and kiwi are slightly on the back foot though
But the declines are rather mild with AUD/USD trading around 0.6875 but trapped in a 13 pips range so far today. This comes after the report that US mulls blacklisting of Chinese surveillance firms here. Word on the street is that funds sold off NZD/JPY and AUD/JPY as the report hit the wires, resulting in the price action (minimal one though) we saw earlier.
The yen is off the lows as markets turn a bit more cautious amid lingering US-China tensions, with US equity futures flat and Treasury yields a tad softer as we begin the session. Meanwhile, the dollar is mixed as major currencies are in a lull awaiting fresh direction.
Most changes against dollar pairs are less than 0.1% with EUR/USD sitting in a 13 pips range and GBP/USD sitting in a 17 pips range. There's little on the economic calendar to shake things up in the session ahead so we could be in for a slower period before US trading.
