Risky assets made a strong comeback overnight with US stocks r | FXTM Forex Market News

Risky assets made a strong comeback overnight with US stocks rebounding vigorously with all sectors in the green, apart from energy. Growth and cyclicals led the way with Tech especially buoyant and the Nasdaq now posts small gains for the week with the index trading above its 100-day SMA. Sentiment and volatility appear to have stabilised although the VIX remains above 20 and gold is still holding its recent gains.



 

On the flip side, the dollar sunk back to its lowest levels since February with US bond yields are also fading back to near the lows for the week. The market now... Read More (https://www.forextime.com/market-analysis/stocks-bounce-dollar-fades)