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Risk appetite has been waning in recent weeks and Monday’s session saw initial strength slowly fade. This was especially apparent in the FTSE as it shed nearly –1.4% from its early high to close in the red. Weakness then followed through in early trading on Tuesday and both the FTSE and DAX are lower by another –0.5%. Currencies, meanwhile, are not ...
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The foreign exchange market is calmer today than Monday and Tuesday, and the dollar is mixed. The yen, which rallied, yesterday, has given back most of its gains and the wage data gave the market second thoughts about next week's BOJ meeting. The Mexican peso, which has been sold aggressively in the face of the strong election showing of the Morena party ...
Sessions