Financial Trading
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The huge selling pressure on the USD in the wake of the lower-than-expected US inflation shows little sign of reversing yet. Positive risk appetite has been helped by news of China relaxing some COVID protocols.
Risk appetite has been lifted this morning as after-hours earnings from the US tech giants have improved a deteriorating mood as fears of a US slowdown grown
The recovery in equity markets has been impressive. However, the recovery will be tested. When that happens the breakout supports become crucial.
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