P.s.
The dollar remain firmly in sell-off mode, anticipating what can be another day of selling, cable and eur remain positioned for more gain.
However, Gold seems vulnerable of a possible breakout (down), oil too, and indices have lost big ground in ny session, sitting now below week open, there is some kind of divergence in the markets.
Probably at or before london open, the markets will re-align again.
The question is, which one will change its bias, the currencies market or the commodities/equities market?
Nobody knows
The dollar remain firmly in sell-off mode, anticipating what can be another day of selling, cable and eur remain positioned for more gain.
However, Gold seems vulnerable of a possible breakout (down), oil too, and indices have lost big ground in ny session, sitting now below week open, there is some kind of divergence in the markets.
Probably at or before london open, the markets will re-align again.
The question is, which one will change its bias, the currencies market or the commodities/equities market?
Nobody knows