Gold Ten Data, July 22nd: Analyst Garfield Reynolds pointed out that the sudden jump in the yen on Monday highlighted concerns in the market about the twists and turns of the US presidential election, and the market sentiment has appeared somewhat fragile at this time. The uncertainty caused by the withdrawal of US President Biden from this year's election is prompting European forex traders to return to the old routine of "risk aversion". The yen against the US dollar once pumped about 0.6% during the day, reappearing the risk-averse reaction that suddenly occurred during the global IT incident last Friday. At the same time, the typical risk currency, the Australian dollar against the US dollar, is touching the daily low. Although European and US stock index futures have risen, the sharp downward trend in recent actions has made the current gains appear fragile. In the past few months, investors have spent a lot of time thinking about whether the stock market's rebound can continue in the face of a global economic slowdown and the continued rise in valuations. So far, most of the fluctuations in the market on Monday have been small enough to indicate that the political events over the weekend do not represent significant changes. This may still cause concerns after signs of cooling down the "animal spirit" in the past few weeks.
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ABD seçim belirsizliği güvenli liman talebini tetikledi, Japon Yeni pompalandı
Gold Ten Data, July 22nd: Analyst Garfield Reynolds pointed out that the sudden jump in the yen on Monday highlighted concerns in the market about the twists and turns of the US presidential election, and the market sentiment has appeared somewhat fragile at this time. The uncertainty caused by the withdrawal of US President Biden from this year's election is prompting European forex traders to return to the old routine of "risk aversion". The yen against the US dollar once pumped about 0.6% during the day, reappearing the risk-averse reaction that suddenly occurred during the global IT incident last Friday. At the same time, the typical risk currency, the Australian dollar against the US dollar, is touching the daily low. Although European and US stock index futures have risen, the sharp downward trend in recent actions has made the current gains appear fragile. In the past few months, investors have spent a lot of time thinking about whether the stock market's rebound can continue in the face of a global economic slowdown and the continued rise in valuations. So far, most of the fluctuations in the market on Monday have been small enough to indicate that the political events over the weekend do not represent significant changes. This may still cause concerns after signs of cooling down the "animal spirit" in the past few weeks.