Forex News June 2, 2022

 

Europe

European equities open slightly higher

Light gains to begin the session, Eurostoxx +0.3 percent, Germany DAX +0.4 percent, France CAC 40 +0.4 percent & Spain IBEX +0.3 percent

This comes as US futures are also rising, with S& P 500 futures up 0.2 percent, Nasdaq futures up 0.3 percent, and Dow futures up 0.2 percent on the day.

Elsewhere, the dollar is falling across the board as a wave of selling hits it. The catalyst was higher Swiss inflation figures.

EUR/USD has also reached the day’s highs around 1.0680, while GBP/USD is currently up 0.4 percent to 1.2530.

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