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FX Update – Risk-Off & Empire State both jump

Forex

<h3>AUDUSD, H1</h3> <p>The Dollar and Yen rose and commodity currencies underperformed amid safe haven positioning in global markets. Stock markets in the Asia-Pacific region have declined sharply, and S&amp;P 500 futures racked up a loss of nearly 3% at the lows (subsequently retracing to a 2% loss in opening cash trades), wh

Second wave shocks stocks – What’s next?

Forex

<p>Investors breathed a sigh of relief after Wall Street bounced on Friday, despite it closing off the day’s highs and recouping only about one-third of Thursday’s steep losses. The USA30 rallied 1.9%, with the USA500 up 1.3%, while the USA100 climbed another 1%, and continues to pace the upside in June, up 1.0%.</p> <p><iframe

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