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Banks bounce: FTSE rises 1%

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 10, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Banks bounce: FTSE rises 1% By Brenda Kelly Asian equity markets continued their rout overnight as concerns surrounding the financial sector heightened and investors fled to safe havens sending the yen to a 15 month high against the dollar. The Nikkei fell 2.3%, off its lows but still slid to a 16 month low, exacerbating the bear market there despite the adoption of negative rates from the BOJ. Crude oil prices trimmed caught a small bounce overnight, once again owing to unrealistic

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