Daily Market Review: USD Retreats, Equities Gain as Optimism Returns
Channel: JFD Brokers
Date: 2020-06-26

Daily Market Review by Charalambos Pissouros

Investors’ appetite rebounded yesterday, and this may have been due to the ECB’s decision to expand its stimulus efforts, as well as due to the relaxation in some capital requirements in the US. Despite still seeing a decent chance for market participants to increase further their risk exposure, given the latest consolidative trading activity, we prefer to sit on the sidelines for now, at least until we get clearer signals that the recovery is set to continue.

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