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.Hence then, the article about risk sentiment on the rocks ahead of european trading 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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