Daily Alert – Tuesday 25th February 2020: Risk sentiment improves, equities rising

Mark Nugent Daily Alert, Feb 2020

Daily Alert – Tuesday 25th February 2020: Risk sentiment improves, equities rising

After yesterday’s solid risk-off day, we see signs of improving risk sentiment. The recovery is not yet strong, and it may turn negative again, but so far equity candles are white and we see selling pressure in GOLD. The JPY is still rising, but at a lower rate than yesterday.

Last night, it would have been legitimate to trade a strong JPY against any weak commodity currency. If you had done so, you’d be in the money.

Today will be all about gauging risk sentiment.

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