Risk Appetite Returns

Risk Appetite Returns

2020-09-09 • Updated

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Ichimoku Kinko Hyo

NZD/JPY: The pair is trading in a bullish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bukkish momentum.

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Fibonacci Levels

 XAG/USD: Silver stands above the 23.6% retracement area. Buyers have returned.

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US Market View

Global markets again went their separate ways, with the Japanese, Korean and Chinese markets all falling heavily while European ones rose. Oil prices rebounded overnight as a degree of stability returned to risk assets.

US Key Point

  • ECB forecasts said to show more confidence in the economic outlook
  • Canada August housing starts comes at 262.4K vs 217.5K than expected

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