EURUSD, GBPUSD, S&P 500 and CADJPY Talking Points: • Despite a gap lower to start the day, the S&P 500 managed to stabilize before risk aversion set in – meanwhile CADJPY and other carry trades flourished • Dollar health struggled as stimulus talks fell apart and risk aversion stalled, while a stimulus windfall from Europe increased the growth potential contrast • While fundamentals favored EURUSD bulls, the pair …
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