Equity markets looked to be heading into the abyss during yest | FXTM Forex Market News

Equity markets looked to be heading into the abyss during yesterday’s morning session but US stocks turned green and all closed higher, snapping a three-day losing streak. The Dow and S&P are still on track for their worst week since late January even though the former enjoyed its best day in six weeks, while the Nasdaq remains around 7% below its all-time high. European bourses are all pointing to a better final session in what has been a tumultuous week for risk markets.

Dollar downtrend still intact

The dollar’s jump higher after Wednesday’s knockout inflation data paused below... Read More (https://www.forextime.com/market-analysis/sigh-relief)