Markets muted ahead of European morning trade

  • Little changes in major currencies, risk sentiment and bond yields for now

The dollar managed to claw back some losses from yesterday to end up trading fairly mixed by the end of it all. However, it is still in a rather vulnerable spot at the moment despite some technical holds in USD/JPY and AUD/USD - at least for now. Major currencies are not showing much appetite today, being confined in tighter ranges so far:

FX 22-11

The lackadaisical mood is also reflected in equities, with US futures sitting little changed and flattish. Meanwhile, the bond market is also feeling rather lethargic with 10-year Treasury yields being flat at 4.416% currently.

It seems like we're beginning to wind down to the Thanksgiving holiday period and so we might be in for a quieter session later on in Europe today.

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