The dollar is mixed with a mood of risk not hinting at much so far today
The greenback is trading mixed across the board, but the bands continue to remain tighter and narrower in European morning trading for the most part.
EUR / USD briefly approached the 1.1800 test but is currently hovering around the 1.1810-20 levels, with a near-term rise limited by its 100 hour moving average @ 1.1821.
Having said that, the trading range for NZD / USD is contained within 30 pips with most dollar pairs holding a range of 30-40 pips so far in trading today.
Elsewhere, European stocks are slightly higher but don’t really push for a firm risk program. US futures are so far seen flatter and disinterested over the session.
T-bill yields hold higher, but below previous highs, with 10-year yields up 1.5bp to 0.698% from a high of 0.717% earlier today .
It’s pretty much just a noisy session for most as the market begins to prepare for the anticipation of the Jackson Hole Symposium in the second half of the week.