Europe Market Open: Some risk off trading in the wake of Q2

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The second quarter of 2017 started with currencies looking for a direction and it may be a search for safety: the dollar and the yen are gaining ground, commodity currencies are down while the euro and the pound are listless. In the show, we previewed the big event of the week: the Non-Farm Payrolls. Our currency of the week is AUD/USD, which is leaning a bit lower. As usual, we discussed the week ahead.