Major currencies mostly little changed on the day

<p>The overall risk mood is keeping rather tentative and the dollar is sitting more mixed so far. Most dollar pairs are seeing just 0.1% change or less, so that speaks to the lack of appetite to start the session. But do keep an eye out on USD/JPY though as the pair just saw a quick 30 pip drop a few minutes ago:</p><p>As mentioned yesterday, as we start to get closer towards the 145.00 mark:</p><p>"If we do see a sudden spike up, don't be surprised to see an equally sharp drop right after as there will be those taking profit amid intervention risks."</p><p>Elsewhere, the aussie is leading gains by just a slight margin with AUD/USD up 0.3% to 0.6620 and that owes to China stepping in again as well as a beat on Australia retail sales earlier <a href="https://www.forexlive.com/news/australia-may-retail-sales-07-mm-expected-01-20230629/" target="_blank" rel="follow">here</a>.</p>

This article was written by Justin Low at www.forexlive.com.

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