The S&P has found support and USDJPY hit its target – time for a bounce?

Pesimistic crescendo! It’s a term I coined in March 2009 when myself and colleagues called the bottom in US stocks when I was Treasurer of Newcastle Permanent Building Society. All it means is that there is blood in the streets and panic all around. While I am not yet convinced that last night…

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The S&P has found support and USDJPY hit its target – time for a bounce?