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Are the cracks finally showing up in the market?
Third time is the charm it would seem, as risk sentiment finally relented in US trading yesterday. We have three days of US data and while the importance of the events might have slowly dwindled, the reaction in markets was quite the opposite. On Tuesday and Wednesday, US stocks opened lower before clawing back those losses. It looked to be a repeat episode yesterday before all things went to hell in the final hour and a half.
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Posted: Feb 17 2023, 05:07
Author Name: forexlive
Views: 082294