Dear Reader,
Today's overview of economic news and market action:
- There was a subdued mood on markets yesterday …
- Currency-wise, the dollar remained on the defensive …
- Meanwhile, trading conditions for the yen have been choppy ….
- EUR/USD opens this morning in the lower half of $1.17-1.18 …
- GBP/USD is changing hands above $1.35 …
- EUR/GBP remains in the top half of the 86-87p band …
- USD/JPY is just above ¥147, having traded in the bottom half of ¥146-147 yesterday …
- Today, the flash reading of Eurozone consumer confidence for July is due …
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