Here are some insights from the currency strategists at dailyfx. They cover the fundamentals and technicals of key Forex pairs and other key markets along with some of the key economic news of the day. Today's commentary looks at waning risk appetite stemming from a slide in bank stocks across the globe:
Oversold Rally — 0r More?
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A strong oversold rally, aided by some earnings reports, has carried $SPX
back up to its 20-day moving average. It remains to be seen, though, if it
can fo...
11 minutes ago