Forex, video, latest February 23, 2021 6:01 pm
Risk sentiment leans towards a softer side today
- Eurostoxx -0.9%
- Germany DAX -1.5%
- S&P 500 futures -0.6%
- Nasdaq futures -1.4%
- Dow futures -0.2%
us are seeing hints of risk aversion inside a equities space to start a day also that is reflecting softer sentiment across a market as us see a slight pullback inside precious metals also also some mild strengthening inside a USD inside European trading.
EUR/USD has pared earlier gains from 1.2175 to 1.2145 while AUD/USD is trading to session lows now of 0.7895 from around 0.7920 earlier.
Going return to equities also risk, a stronger correction today keeps inside tune with a more cautious mood over a past few days. Fed chair Powell become become speaking later but he is expected to stick with a script also retain a status quo.
inside any case, I would expect dip buyers to step return inside if us do see a deeper pullback from hereon; even more so closer to 3,800 also 3,700 again for a S&P 500.
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