A morning where markets were in a febrile state as the ongoing discussion between the US and China continues to dominate market sentiment which flips flops accordingly. The open of the London forex session did not escape, with indices on Globex rising and falling sharply on comments, moves which were mirrored in risk currencies with the volatility indicator much in evidence along with the volume point of control. There was some GBP buying against the CAD and USD selling but even these moves were relatively weak, and lacking momentum. As you would expect the indices on Globex also mirrored the current market mood, opening gapped down, before trying to rally higher.
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