Missed Earnings Expectations Added Volatility to the Markets

Blake Young

U.S. equities sold off early today driven by retail missed earnings expectations. The dollar lost some ground. Higher volatility strengthened the yen and gold prices rallied as a hedge. The GBP/NZD rallied quickly and pulled back about half of the day’s range before bouncing. We took a bullish position with a relatively tight stop. We […]

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