Trade ideas thread – European session 30 June 2023

<p>It's month-end and quarter-end today and in case you need reminding, we're halfway through 2023 already. The year is really flying by just like that.</p><p>Major currencies are mostly little changed today as the dollar continues to keep steadier in the big picture. USD/JPY is perhaps seeing some profit taking after clipping the 145.00 mark earlier, now down to 144.65 on the day.</p><p>Meanwhile, the antipodeans are faring decently with AUD/USD up 0.3% to 0.6635 but the pair has been suffering quite a series of setbacks since mid-June and is still stuck in a pattern of lower highs, lower lows since touching 0.6900.</p><p>Stocks are also holding steady for now but there might be a few twists and turns in volatility later on in US trading, so just be mindful of that. It will also be a pseudo-long weekend in the US coming up, so keep that in mind as investors might not want to sit through positions until they return on 5 July.</p><p>What are your views on the market right now? Share your thoughts/ideas with the ForexLive community here.</p>

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