The positive moods are likely to continue today, with the lack of US data allowing prices to price in the things, which has led markets to register increases yesterday. These are the lesser hurricanes' losses than they were expected last week, and the drop in geopolitical tensions with the North Korea.
The rising risk appetite will lead to a fall in JPY, as we expect the USD / JPY, EUR / JPY and GBP / JPY upward movements to continue. There is a slight correction for gold, but nothing more. The reason is that at any moment we can see a new test from North Korea and that can change the picture fast.
The dollar is likely to remain stable and slightly stronger against the EUR due to technical formation and the inability to pass over 1.207 and the fall below 1.27.
The indices in Europe are likely to keep their positive positions, as our expectations are for increase.
Stefan D. Angelov - Head of Stock Trading
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