Dollar selling dominant, EUR/USD briefly reaches around 1.1674 in London trading

The story

Dollar selling became dominant in London morning trading, with EUR/USD updating its intraday high to around 1.1674. USD/JPY reached a high of 159.49 before temporarily pulling back to the 159.20 range.

NY crude oil futures fell to the $82 range, while the US 10-year Treasury yield declined to around 4.68%. European stocks and US stock futures remained in positive territory, supported by expectations of progress in the situation in the Middle East.

Pakistan announced that important progress had been made in talks over the US-Iran war, prompting markets to focus on expectations of progress toward peace in the Middle East.

Overall, movements across the foreign exchange market remained limited. USD/JPY was at 159.29, EUR/USD at 1.1671 and GBP/USD at 1.3645.

At a glance

Market conditionsDollar selling dominant in the London morning session

Key levelsEUR/USD rises to around 1.1674

USD/JPY trendPulls back after reaching a high of 159.49

Crude oil and yieldsNY crude oil in the $82 range, US 10-year Treasury yield around 4.68%

Reference information. Every claim resolves to something the story actually named.

Where this came from

We read each source in full and checked they agree on the core claim.

1/ 1 agree

All of them report the same thing.

fx.minkabu.jpNews

AgreesOpen

Read the original articleGo to the source page

Reference information generated from public sources. It does not solicit or advise on investments. Prices are 15-minute delayed.