XE Market Analysis: North America – Jun 03, 2019

The Dollar has traded mostly lower, losing ground to the Yen and Swiss Franc, while posting a six-day low versus the Euro. Stock markets in Europe and Asia have been under pressure, though moderately so, while S&P 500 futures declined by 0.5% in overnight trading. The overall vibe in globals remains one of caution. PMI survey data showed the manufacturing sectors in much of Europe and many Asian economies to be in contraction. Tensions between the U.S. and China continued to escalate. Acting U.S.