The dust settled after post-FOMC market swings, allowing risk sentiment to stabilise. A strong earnings report from Apple drove a tech-led uptick in U.S. e-mini futures, helping reduce demand for safe haven assets. Major currency pairs were happy to hold tight ranges in the final Asia-Pac session before Lunar New Year holidays.

  • The yen traded on a softer footing, with USD/JPY consolidating above breached resistance from Jan 18 high of Y115.06.
  • The NZD failed to jump on the risk-on bandwagon and underperformed all of its G10 peers, although domestic headline flow was fairly thin.
  • U.S. Core PCE Price Index & final U. of Mich. Sentiment, EZ sentiment gauges as well as flash German & French GDPs take focus from here, in the absence of any notable central bank speak.

Market Sentiment Stabilises

Last updated at:Sep-20 01:43By: Krzysztof Kruk
Oil Bullets+ 1

The dust settled after post-FOMC market swings, allowing risk sentiment to stabilise. A strong earnings report from Apple drove a tech-led uptick in U.S. e-mini futures, helping reduce demand for safe haven assets. Major currency pairs were happy to hold tight ranges in the final Asia-Pac session before Lunar New Year holidays.

  • The yen traded on a softer footing, with USD/JPY consolidating above breached resistance from Jan 18 high of Y115.06.
  • The NZD failed to jump on the risk-on bandwagon and underperformed all of its G10 peers, although domestic headline flow was fairly thin.
  • U.S. Core PCE Price Index & final U. of Mich. Sentiment, EZ sentiment gauges as well as flash German & French GDPs take focus from here, in the absence of any notable central bank speak.