European equities open lower to start the day
Summary
By sueyangfx.com August 18, 2020 at 08:52AM Softer tones prevail as we get the session underway – Eurostoxx -0.4% – Germany DAX -0.7% – France CAC 40 -0.5% – UK FTSE -0.6% – Spain IBEX -0.6% The softer risk mood […]
More On EUR
- Euro Forecast: EUR/USD Confronts FOMC and Geopolitical Tensions
- Euro on defensive as traders fret over Ukraine tension, hawkish Fed
- Euro Price Forecast: EUR/USD Locked and Loaded on FOMC Trade Unwind
- Dollar, Euro Down as Ukraine Tension, Fed Policy Concerns Continue
- Euro Holds Up vs. US Dollar Despite Market Mayhem Before Fed Meeting
August 18, 2020 at 08:52AM
Softer tones prevail as we get the session underway
– Eurostoxx -0.4%
– Germany DAX -0.7%
– France CAC 40 -0.5%
– UK FTSE -0.6%
– Spain IBEX -0.6%
The softer risk mood in Europe comes alongside pressure on bond yields, with 10-year Treasury yields seen down by 2.6 bps to 0.662% currently. That is helping to underpin the Japanese yen