US share markets are under pressure in early trade with a risk-averse environment at play. EUR/USD dipped back into the 1.4750s after a rebound into the 1.4770s off the lows.
Just crossing the wires is a report that Volkswagen plans to announce a purchase of 20% Japan’s Suzuki Motors. If it is a cash deal, there could be some EUR/JPY sales in the pipeline.
