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The global capital markets are stabilizing for the first time since the UK referendum. It is not uncommon for markets to move in the direction of underlying trends on Friday’s; see follow-through gains on Monday, and a reversal on Tuesday. That is what is happening today. Turnaround Tuesday after such dramatic price action over the last two sessions has the feel of the proverbial dead cat bounce. Brexit There has...
Read More »FX Daily, June 28: Markets Stabilize on Turn Around Tuesday
