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Currencies remain calm as US equity futures skid to session lows

S&P 500 futures now down by 0.2% on the day

European equities are also paring earlier gains but even so, there hasn’t been much reaction (yet) in the currencies space. USD/JPY holds steady near flat levels at 112.23 currently and there isn’t any notable action to be had among other major currencies in response as well.

At the same time, oil prices are also trading at the lows with WTI down by 0.24% to $71.75 currently as risk assets start to slip a little on the day.

All eyes though will be on the US cash equity market in trading later and the movement there will no doubt have implications on currency movement – particularly the yen – even if E-minis are having little to no impact at the moment.

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