The dollar has steadied after rallying in recent days, which has helped EUR-USD find a footing after tumbling to a one-month low at 1.1650 yesterday. EUR-JPY, however, fell to a near-four-month low, and GBP-JPY to a fresh one-month low, even though USD-JPY has remained above the five-week low it saw yesterday at 104.03. Global market sentiment remains distinctly quavery, which has been generating safe haven demand for the yen. U.S. Treasury yields have dipped back after rising yesterday. The S&P 500 E-mini has racked up a near 2% loss before recouping to a net 0.5% decline.
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