Tag Archives: FTSE

An attempt by the DXY Index to break near-term resistance to move onto 16 month highs never had the blessing of EURUSD and fell apart soon after execution. Ahead, uncertainty on direction and volatility hits news highs.

Global equity markets put in some recovery this week. But the Friday pullback showed that markets aren’t yet out of the woods, and a big week of drivers will keep equity markets on the move.

A sharp rebound in higher yielding currencies and risk-correlated assets came at the Yen’s expense this week, clouding the technical outlook in the process.