Risk trades bounce as the dust settles in Israel
The arrow highlights when the first reports of Iran attacks hit and now AUD/USD has recouped a bit more than half of the drop. There are no reports of casualties in Israel following the attacks, though information is limited.For now, the market is taking a breather. The S&P 500 has trimmed the decline to 38 points and Treasury yields are now down 2-6 bps across the curve. This article was written by Adam Button at www.forexlive.com.
The arrow highlights when the first reports of Iran attacks hit and now AUD/USD has recouped a bit more than half of the drop.
There are no reports of casualties in Israel following the attacks, though information is limited.
For now, the market is taking a breather. The S&P 500 has trimmed the decline to 38 points and Treasury yields are now down 2-6 bps across the curve. This article was written by Adam Button at www.forexlive.com.