USD and JPY Lower on Improved Risk Sentiment
USD and JPY Lower on Improved Risk Sentiment The dollar reversed most of its overnight gains as risk appetite rose. Eurozone economic sentiment climbed for a third straight month in June. US stocks advanced. The S&P 500 rose 8.33 points to 927.23, extending its best quarterly gain since 1998. The euro gained on the improving eurozone economic sentiment. Sterling rose modestly as UK house prices showed signs of stabilization while net lending increased less than expected. The Australian
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