Wrap-up: Cautious trading ahead of the NFP

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Summary

The second quarter began with a dose of risk-off trading that helps the yen and weighs on commodity currencies. Caution could turn into tension as the US Non-Farm Payrolls are coming along. The FED is never too far away with the FOMC Meeting Minutes and a slew of speakers. Watch out for political developments as always.

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