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A little hint of déjà vu in markets to start the day?

August 17, 2018 by admin 0 Comments

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A little less extreme this time around though

The dollar and the yen are among the laggards to start the day (alongside the swissie). Sound familiar?

Even S&P 500 futures got the same “pop” higher that we saw around the same time in yesterday’s trading too:

Just that this time around the moves are much more contained and the ranges on the day are very much still subdued to be fair. I mean despite being among the bigger movers, AUD/USD only trades within 27 pips still.

And most other currencies are still stuck within 0.1% trading ranges against the dollar. So, while the signs may be pretty similar so far to what we had yesterday, we’re not seeing any major follow through of note for the time being.

This article was originally published by Forexlive.com. Read the original article here.