Daily thread to exchange ideas and to share your thoughts
Happy hump day, everyone! Hope you're all getting by this week fine and as we get into European trading today. The dollar is the main mover in trading so far as fears of contagion from Turkey lingers on in the market.
Here are some themes to consider for the day ahead:
- Dollar strength marches on, dollar index touched a fresh 13-months high earlier
- French and Italian banks on holiday, thinner liquidity - prices more prone to spikes
- Equities are lower across the board, fears remain
- Chinese stocks driven lower in particular, Hong Kong faces double whammy
- AUD remains weak as market sentiment softens, wages data stagnates
Any other particular market theme that is grabbing your attention on the day? Share your thoughts/ideas with the rest of the ForexLive community here. :)