GBPUSD, daily GBPUSD raised 1.3636 during the European morning but remains in yesterday’s range and tested the key 1.3600 even. The rise in yields has fizzled out for now and with Treasuries outperforming core European markets, the dollar struggled during the European AM. The fact that British Prime Minister Johnson has managed to hold on despite the heated debate over “Partygate” and calls for his resignation may have helped Sterling somewhat this morning, but there still appear to be attempts to garner sufficient support for a no-confidence vote, z now the pound is finding support and has also risen against

Stock markets fell again (Nasdaq -1.3%) Tech companies led the slide, (peloton -24%, Netflix -18% post results. U.S. dollar solidified as Yields & Oil submerged, gold held on to the profits. The markets are nervous and Risk aversion has chosen up as investors eye shaky earnings and dwindling confidence, with rising tensions over Ukraine adding to geopolitical tensions. US Weekly Claims reached a 3-month high, EZ inflation was an ATH and North Korea said it could be resumed tests its nuclear arsenal. Asian markets and EUR & CHF lower (AUSJPY -0.62%) ASX 200 (-1.2%), Nike 225 (-1.8%). U.S. DOLLAR (USDIndex

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