Analysts at Westpac offered a market wrap.
"Global market sentiment: Markets were calmer overnight; the US dollar, interest rates, and equities rebounding.
A special counsel to oversee the US investigation into Russian links was named, helping mollify critics of the investigation to date.
Interest forex rates: US 10yr treasury yields initially fell further from 2.25% to 2.18% (a one-month low) but rebounded during the London morning and touched 2.24% in NY. Fed fund futures yields rose, pricing a June rate hike as an 80% chance (from 70% yesterday).
Currencies: The US dollar index is up 0.3% on the day. EUR fell from 1.1175 to 1.1076. USD/JPY rose from 110.27 to 111.74. AUD fell from 0.7467 to 0.7412. NZD fell from 0.6950 to 0.6887. AUD/NZD ranged between 1.0710 and 1.0770."
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.