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Tuesday 31 January 2017

Video: S&P 500 Check Lower Isn't Full Tilt Risk Aversion, BoJ Kicks off Key Events: Forex News by DailyFX

Published on 30 Jan 2017
Talking Points:

• The S&P 500 gapped lower to start the week and other benchmarks followed suit in a broad 'risk aversion' shift
• Normal 'checks' in extreme speculative position is to be expected with many instances falling short of a full bear trend
• Event risk will continue to accelerate after the BoJ decision, but the high profile events will motivate true trend

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