US Open Preview – European stocks join the rout; RBA policy decision next

Here are the latest developments in global markets: Forex: The dollar index was little changed on Monday, last trading near the 89.10 level. Sterling/dollar was down more than 0.2%, pressured by the softer-than-anticipated UK services PMI for January. Dollar/Yen fell nearly 0.3%, as the broader risk-off sentiment in equity markets strengthened the yen, which is typically […]