Risk aversion swayed the currency market during the overnight session, with the euro breaking below the 20-Day SMA (1.2208) to reach a low of 1.2177, and the drop in sentiment is likely to drag the single-currency lower going into the U.S. trade as equity futures foreshadow a lower open for the North American market.

Talking Points
• Japanese Yen: Rallies Across the Board
• Pound: U.K. Mortgage Approvals Hold Steady in May
• Euro: Economic Confidence...