European Session: Risk Sentiment and Gold Comes Roaring Back





G10 Advancers and Decliners vs USD
GBP 0.39
CHF 0.31
EUR 0.21
JPY 0.19
Risk appetite came back in a big way during the Asian session, as events in the US session were supportive of long risk positions. The FOMC minutes really contained no surprises, but stayed dovish despite going divergence among members. The minutes also addressed the USD decline, which said that so far the deprecation had been orderly, which the market quickly read into as permission to continue…

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