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18 Sep 2014
A long day is not done yet, more volatility ahead- FXStreet
FXStreet (Barcelona) - Valeria Bednarik, chief analyst at FXStreet explained that a long day is not yet over.
Key Quotes:
“With Scottish referendum outcome still pending, with the final result expected early Friday”.
“At the end, it was not a good day for safe havens, with dollar mildly down across the board and yen being probably the weakest, as per US rising yields and stocks, with DJIA at fresh record highs”.
“In Europe, there were no news to affect the market besides SNB rate decision, while in the US, data resulted weaker than expected, with housing starts and Philadelphia manufacturing index missing expectations and helping the dollar on its way back”.
Key Quotes:
“With Scottish referendum outcome still pending, with the final result expected early Friday”.
“At the end, it was not a good day for safe havens, with dollar mildly down across the board and yen being probably the weakest, as per US rising yields and stocks, with DJIA at fresh record highs”.
“In Europe, there were no news to affect the market besides SNB rate decision, while in the US, data resulted weaker than expected, with housing starts and Philadelphia manufacturing index missing expectations and helping the dollar on its way back”.