The USD is little changed

As North American traders enter for the day, the GBP is the strongest after Parliament took control from PM May, the JPY is the weakest (stocks are set to open higher and treasury yields have also moved to the upside), and the USD is little changed/mixed with gains vs the JPY, declines vs the GBP and AUD and little changed vs the rest.

The USD is little changed as North American traders enter for the day

Looking at the ranges and changes, the GBPUSD and USDJPY are trading higher and near the highs for the day. THe rest of the currency pairs vs the USD are +/- 13 pips. The JPY crosses are also trading near the highs.

The ranges and changes of the major currencies

In other markets:

  • spot gold is down $7.40 or -0.56% at $1314.40
  • WTI crude oil futures are up $1 or 1.7% at $59.80
  • Bitcoin on Coinbase is trading up $10.79 at $3898

In the premarket for US stocks, futures are pointing to a higher opening after yesterday's little changed results

  • Dow industrial average, +200
  • S&P index, +20 points
  • NASDAQ index +57 points

In the European equity markets, indices trading higher (after their small declines yesterday):

  • German DAX, +0.35%
  • Francis K, +0.79%
  • UK's FTSE, +0.33%
  • Spain's Ibex, +0.27%
  • Italy's FTSE MIB, +0.50%

In the US that market yields have moved higher:

The US yields are higher in early North American trading

In the benchmark 10 year yield sector for European countries, yields are mostly higher as well. German 10 year however still remains below 0.0% which is helping to keep the EUR under wraps.

European 10 year yields are trading mostly minor