Major currencies are more protective of European trade
As such, Australians and kiwi are also weaker today as major currencies continue to move at night to some extent. Meanwhile, the dollar is holding more steadily against the likes of the euro and the pound, with EUR / USD sitting at just 9p (!).
Stock sentiment remains more modest, with US futures sitting near flat levels and Asian stocks far better. The Treasury's profitability is slightly weaker, but nothing too excessive to suggest major risk sentiment.
In the future, risk sentiment will be a key factor affecting market sentiment and the entry and flow of trading at the end of the month. [1