Major currencies lack appetite in European morning trade | Forexlive

The dollar is keeping steadier on the day with light changes all around. The ranges for the day are also leaving a lot to be desired, with a lack of appetite to start the session. As things stand, traders are waiting to see if the US will get involved in the Iran and Israel conflict. However, we might not get an answer before the weekend.

For now, both sides are continuing to wage war against one another while backing that up with strong threats. So, all eyes will be on the US to see if they want to step in to intervene in the situation.

In other markets, gold is down 0.6% to $3,348 while oil is seen up 0.4% to $74.09 currently. Meanwhile, S&P 500 futures are down 0.1% after the US holiday yesterday while European indices are up around 0.6% to 1.0% in looking to bounce back after three straight days of losses.