Wednesday, 10 February 2016

XE Market Analysis: North America - Feb 10, 2016

The dollar is mixed amid relatively steady markets into Fed Yellen's testimony, lower against sterling but firmer against the euro and near net unchanged versus the yen, as of the early European PM session. Stocks in Europe mustered up a rebound despite fresh decline in Asian stock markets, where Australia's ASX index today joined Japan's Nikkei in entering official bear market territory by exceeding declines of more than 20% from the cycle peak.



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