Markets

Dollar finally finds some momentum

Another topsy turvy day in FX markets

Yesterday we were at the mercy of the crosses and today the dollar is finally waking up and making a move as risk improves

European stocks have been given an additional shot in the arm as US stocks go from good to great. Most European indices are up over 3%, with a laggard FTSE

The S&P is now up 26 points and US bond yields are up a heft whack across the board

The inflation numbers look like they are calming a few nerves ahead of tomorrow

Cable is looking like a lost sheep right now but EURUSD is dicing with yesterday's low. USDJPY has surged to 121.44

As usual, don't get swept up into chasing a move that could go the opposite way pretty quickly. Stick to your levels at pick your spots

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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