The USD is mostly lower
As Friday in the US begins, the GBP is the strongest on hopes that PM May's vote may pass (or is at least within a handful of votes for the final push). The JPY is the weakest on the same hope (risik on flows). The USD is trading a bit lower as the risk on flows kick in modestly.
The rangess for most of the currencies are not all impressive with the exception of the GBP pairs. Absent the GBPUSD, the other major pairs vs the USD have less than a 40 pip range (the EURUSD, USDCHF, USDCAD, AUDUSD and NZDUSD all have ranges less than 31 pips). Not a lot of movement. Note that today is week end, it is month end and it is quarter end too. That could cause some flow moves. Be aware.
On other markets, the snapshot is showing:
- Spoit gold is higher on the back of the lower dollar today. It is up $4.40 or 0.34% at $1294.63
- WTI crude oil futures are up $1.04 or 1.75% at $60.33. It is trading at session highs
- Bitcoin on Coinbase is trading up $66.87 of $4076.15
In the pre-market for US stocks, the and your analyses are higher. Lyft will go public today which will monopolize investors interests
- Dow, +108 points
- S&P, +11 points
- Nasdaq, was 35 points
In the European market, stocks or higher:
- German DAX, +0.86%
- UK's FTSE, +0.28%
- France's CAC, +0.83%
- Spain's Ibex, +0.72%
- Italy's FTSE MIB, +0.64%
In the US that market, yields are higher:
European benchmarkten-year yields are mixed with Germany, UK and France moving higher, Spain Italy and Portugal are lower
