The positive tones reverberate to Europe in early trades
- German DAX futures +0.3%
- UK FTSE futures +0.4%
- Spanish IBEX futures +0.3%
This keeps with the risk-on tone in the market from Asia Pacific trading, with S&P 500 futures up 0.2% and Nasdaq futures up 0.4% to get things started in Europe.
The better risk mood is continuing to keep some light pressure on the dollar so far today.
EUR/USD continues to test its 200-hour moving average @ 1.2134 with AUD/USD hovering around 0.7770 for the time being while NZD/USD is keeping just above 0.7200.
