Forex News June17, 2022
Equities
European equities begin the day slightly higher and the top forex news included a volatile yen and a weaker Euro.
Eurostoxx +0.2%, Germany DAX +0.4% & UK FTSE +0.2%
Stocks are looking for a light bounce after yesterday’s heavy selloff.
• CAC 40 +0.4% in France
• IBEX +0.2% in Spain
Despite a brief respite – for the time being – equities have had a rough week in general.
The Nasdaq is set to fall below its 200-week moving average, making things even worse for US indices.
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