EUR/JPY is advancing for the
second session in a row on Tuesday, extending the bounce off recent lows in the
117.00 neighborhood and always supported by the better tone in the riskier
The greenback is quickly
losing ground amidst month-end flow adjustments and despite US-China trade
concerns remain well unabated and the global outlook continues to point to the
Later in the session,
markets’ attention will be on the release of the US Consumer Confidence,
housing data, and regional manufacturing gauges. Earlier in the day, the German
Consumer Climate rebounded from lows and came in at -18.9 for June.
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