The overall chart still shows that this has been a rough week for US stocks in general. The S&P 500 is still down roughly 3% this week despite yesterday's bounce with the Nasdaq also in a similar spot.
In FX, USD/JPY is back down slightly from 148.00 earlier to 147.85 currently. The dollar is steadier elsewhere but remains mixed overall on the week. EUR/USD is keeping closer to 1.0900 still while GBP/USD continues to nudge higher towards 1.3000.
All in all, the bounce in risk yesterday is not really hinting at a turnaround in sentiment just yet. The market mood remains very fragile and the charts are also suggesting that there is scope for more downside pressure in the short-term.
This article was written by Justin Low at www.forexlive.com. Read More Details
Finally We wish PressBee provided you with enough information of ( Risk sentiment on the rocks ahead of European trading )
Also on site :