The USD is a little lower
As North American traders enter for the day, the CHF is the strongest (SNB raised inflation forecast), the AUD is the weakest (mixed job report). Tensions from the oil tanker attack is also helping the CHF (safe haven) and the CAD.. The USD is a little lower with the AUD and NZD gaining and the CHF, CAD, JPY and EUR lower. The GBP is little changed.
The USDCHF and USDCAD are opening the NA session near the low levels (down -35 and -38 pips respectively. The EURUSD is hardly changed with a 20 pip range and is up 9 pips in the morning snapshot.
In other markets:
- Spot gold is up $2.55 or 0.19% at $1336.17
- WTI crudeoil is up $2.24 or 4.34% at $53.34
In the pre-market for US stocks, the futures are implying a higher opening
- Dow is up 66 points
- S&P is up 6.5 points
- Nasdaq is up 24 points
IN the US debt market yields are modestly lower:
