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ForexLive European FX news wrap: Dollar bid as risk sours

Headlines:Dollar firms amid more defensive risk moodEquities stay cautious as bond yields slide back down as wellEurozone consumers anticipate lower inflation but weaker spending power - ECB surveyGermany July final CPI +6.2% vs +6.2% y/y prelimFrance June trade balance -€6.71 billion vs -€8.00 billion expectedUS July NFIB small business optimism index 91.9 vs 91.0 priorMarkets:USD leads, AUD lags on the dayEuropean equities lower; S&P 500 futures down 0.8%US 10-year yields down 8 bps to 3.998%G... Read More

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Posted: Aug 8 2023, 11:50

Author Name: forexlive

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