Video: US Political Fears Lead SPX to Sharp Drop, Risk Trends to Swoon, Dollar to Question

Talking Points:

• Political risk in the United States and a terrorist attack in Barcelona added to a sense of unease in the markets
• A rumor (later denied) of Gary Cohn resigning and the confirmed failure of an infrastructure council leverages political fears
• ECB minutes show the central bank is watching the Euro and not afraid to make threats - watch EUR/USD, EUR/GBP and EUR/JPY

Are retail traders positioning for true reversals from EUR/USD, the S&P 500 and Gold? See the IG positioning data on the DailyFX Sentiment page.  (

Continue reading at DailyFX - Forex & Macro News (via YouTube) →