Most European exchanges were closed for a bank holiday, but the dollar slipped back after yesterday’s U.S. PPI data, keeping the session subdued.
Key moves
- JPY led the session while USD lagged.
- European equities edged higher; S&P 500 futures up 0.1%.
- US 10‑year Treasury yield flat at 4.295%.
- Gold rose 0.2% to $3,342.17.
- WTI crude fell 0.5% to $63.60.
- Bitcoin climbed 0.9% to $119,065.
- EUR/USD up 0.3% to 1.1687.
- USD/JPY slid 0.5% to 146.95, after touching 146.75.
- USD/CHF down 0.2% to 0.8055.
- GBP/USD up 0.2% to 1.3555.
- AUD/USD up 0.3% to 0.6510.
Summary
The session was largely quiet, with the dollar easing and European stocks holding steady. Traders remain focused on the upcoming U.S. retail sales data, while the Fed’s likelihood of a September 25‑bps cut stays the main narrative.
(Source)