It’s all about risk ahead of the weekend as markets gyrate on the latest North Korean war threat. US equities are off their lows, down about 0.5% after falling more than a percent earlier. EUR/JPY has bounced back to 112.20 after a slide to 111.60 after triggering stops.
Expect the rest of the session to be dominated by machine-driven trading as the humans look to head to the beach. EUR/USD trades now at 1.2352..