On Wednesday, trading on global markets remained very nervous and there was also no clear intr- market correlation. EUR/USD was under pressure from the start of trading in Europe. In nervous trading, the move accelerated during the US session fuelled by soft comments from European policymakers. At the end of the day, EUR/USD had reversed Tuesday’s rebound. Intraday, EUR/USD revisited the recent correction top in the 1.32 area soon after the open of European markets. European equities also tried to regain part of Tuesday’s losses. However, already during the first hour of trading equities nosedived in high volume trading.
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