Some of that could be month-end flows or short-covering after a dive in Mag7 stocks. Nvidia is now up 2% after trading 2% lower in the pre-market.
In FX, the loonie is making something of a comeback but in general the dollar is strengthening at the momement, which is the opposite of what you would expect in a 'risk on' rally. Cable tried the upside but has been pulled right back into the daily range.
On asset that is playing along is bitcoin, which has bounced nicely to $84K after falling below $80K briefly in Asia.
This article was written by Adam Button at www.forexlive.com.Hence then, the article about us stock markets bounce but fx and bonds less convinced was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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