US futures creep lower to start the session ...Middle East

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US futures are now taking a bit of a dip, with S&P 500 futures down by 1.1% while oil is also dropping lower to start the session. WTI crude is now down 2.5% to $61.10 on the day.

In FX, USD/JPY is down 0.7% to 146.63 after hitting a high just over 148.00 in overnight trading. EUR/USD has also come back up to 1.1000 now after a fall to 1.0912 overnight.

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

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