What you need to know by Tuesday, June 15:
The dollar was down, mainly against high-yielding rivals, but rebounded against the CHF and JPY shelters. Activity in the foreign exchange sector was limited amid the holidays in Asia and a poor macroeconomic calendar elsewhere.
Yields on US Treasuries advanced, with 10-year yields reaching 1.50%. Wall Street closed mixed, and only the Nasdaq was able to finish in the green. Investors await the monetary policy decision of the US Federal Reserve later this week.
EUR / USD settled just above the 1.2100 level, while GBP / USD closed around 1.4100, unchanged on the day. The USD / JPY pair was the most interesting for a change, advancing above 110.00 and approaching its monthly high at 110.32.
Gold fell to $ 1,844.34 a troy ounce, its lowest level in two months. Crude oil prices also fell back, and the WTI closed the day at around $ 71.00 a barrel.
The UK delayed lifting the latest lockdown measures from June 21 to July 19 as expected, to speed up immunization. According to UK public health officials, the Pfizer and AstraZeneca vaccines are only 33% effective against the Delta variant after a single injection. However, the efficacy of both vaccines improves over 90% after two doses.
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