 Risk-on sentiment is pressuring e Swiss Franc and, to a lesser extent, Yen and Dollar today. DAX soared to new record highs, undeterred by the latest weak German consumer sentiment data, while CAC and FTSE are also marking gains. Similarly, the CAC and FTSE indices are registering gains, with U.S. futures indicating a positive start to trading. Commodity currencies are seeing a broad upticks, led by New Zealand Dollar as it begins to recover from its recent setbacks. Euro also shows strength, while Sterling's progress appears slightly more tempered. Despite these movements, most currencies remain within the trading ranges established last week, with Swiss Franc being the only exception... |
