As soon as once more, main currencies are wanting pretty subdued as we glance in direction of European buying and selling at this time. The greenback is marginally decrease, with USD/JPY down 0.2% to 150.43 after the Japanese inflation knowledge earlier here. That being stated, the actions since yesterday have been slightly uninspiring to say the least.
EUR/USD continues to be one to look at although, after pushing previous its 200-day transferring common as highlighted here. That may open up some respiratory room for the pair though gives close to 1.0900 ought to maintain issues in test for now.
In different markets, shares look to be taking a breather after the positive factors final week. In the meantime, the bond market continues to be slightly tentative with the scenario abstract seen here.
It seems to be like the rest of this week will focus on potential month-end flows and volatility earlier than we flip the main focus to central banks and extra key US knowledge in March.
