The AUD is the strongest. The NZD is the weakest.
The AUDNZD is at it again today. After falling sharply on Friday, the AUDNZD is rising sharply today. With the AUD the strongest currency today and the NZD the weakest, the AUDNZD is the biggest mover (+0.65%). The greenback is mixed (but more down) with the dollar down against the GBP (-0.31%), the JPY (-0.28%), AUD (-0.39%) and CAD (-0.08%), and higher against the NZD (+0.21%), EUR (+0.14%) and CHF (+0.05%).
Looking the changes and ranges, the dollar has traded up and down (above the unchanged line). The NZD pairs are mostly near low levels. The ranges are mostly below the 22 day averages (red line in the lower chart below).
In other markets, the snapshot shows:
- Spot gold up $1 to $1256
- WTI Crude oil is up $0.20 or +0.44% to $45.97
- US treasury yields: 2 year 1.352%, +1.2 bp. 5 year 1.813%, +1.0 bp. 10 year 2.246%, +0.9 bp. 30 year 2.823%, +1.5 bp
- US stocks in pre-market trading: S&P futures down -2.5 point. Nasdaq futures down -6.0 points. Dow futures down -19 points
- European 10 year yields: Germany unchanged. France -1 bp. UK +1 bp. Italy down -3 bp. Spain +1 bp
- European stocks are mixed. Germany -0.40%, France unchnanged. UK -1%.
On the economic calendar today:
- Canada wholesales sales for May (08:30 AM ET/1230 gmt) 0.5% vs 1.0% estimate.
- US Markit PMI (9:45 AM ET/1345 GMT). Mfg. est 52.2 vs 52.0 last. Services 54.0 est vs 52.0 last
- US existing home sales for June (10 AM ET/1400 GMT) -0.9% est vs 1.1 estimate.
