Market movers today
• Focus will be on whether the stabilisation in risk sentiment holds. We believe a lot of positions have been squared out by now, creating a base for things to calm down.
• Continued robust US data should also underpin risk sentiment. US initial jobless claims as well as data on personal income and spending and pending home sales in May should provide further insight into the resilience of the US recovery.
Read the full report: FX Daily
Danske Bank