New York Session

The NY session saw the buck extend losses further as risk appetites remained intact and the ECB did much less than many market participants had anticipated. US equities jumped +2.9% and the S&P managed to close above its 100-day moving average for the first time since June of last year. Gold sank a sharp - into the 900/890 support zone on the same flight away from safety that had the greenback under pressure

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