Daily thread to exchange ideas and to share your thoughts
Good day, everyone! Hope you're all doing well as we get things going here in European trading. There's been little action all around after some early moves in Asia as most currencies remain almost unchanged against the greenback. The only big mover remains the kiwi:
Some market themes to consider:
- Chinese equities are surging higher today on the back of possible government support
- Pound sentiment remains soft but perhaps a near-term bottom is found @ 1.2850?
- RBNZ turns a little more dovish, is there further weakness for the kiwi?
Other than that, it's been a typical twilight zone period between Asia and Europe trading so far. What is your take on the market right now? Share your thoughts/ideas with the rest of the ForexLive community here. :)
