Surprise Rally from EURUSD, AUDUSD and S&P 500 Correction or Reversal? |
An end-of-session rally for the euro and risk-sensitive assets seemed to stall the seismic shift to a bearish trend won on Monday. However, a rundown of the fundamentals that accompanied this swell in the capital markets should cast doubt over bullish projections for sentiment. What are the implications of Tuesday's rally; and how does this development fit into the time frame for the heavy Thursday/Friday event risk? |
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