Another day of very limited directionality in major currencies. The Euro, Sterling, Australian and Kiwi Dollars are virtually unchanged against the Dollar while the Swiss Franc has weakened by a timid 0.3%. All the action is in equity at present, with greenshoots in global economic growth (including in the US, China and UK), major central bank policy rates on hold for now and a cooling in event risk pushing US equities to near record highs.
