Japanese Yen Strengthens, Bitcoin Price Surges in Forex Market Update
Monday, 11 March 2024, 11:42
European FX News Update
Headlines:
- USD/JPY nudges lower, eyes on next key technical level
- Bitcoin takes another look above $70,000 to start the week
- ECB's Kažimír says should wait until June for first rate cut
Market Highlights:
- JPY leads, AUD lags on the day
- European equities lower; S&P 500 futures down 0.2%
- US 10-year yields down 0.7 bps to 4.081%
It's a quiet start to the new week in Europe, with little on the agenda to really get traders out of bed. All eyes are on the bigger events later this week, so there's not much to get excited about today.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.