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20 August 2020
3 min read

Fed's Fault - Risk Off

Very much a risk off session in Asia.  

Blame the Fed for revealing what we already knew.

We'll come back to that in a sec.
Let's take a look at the markets.

At 06.45 BST

ASX (-0.8%)
Nikkei (-1.05%)
KOSPI (-3.6%)!!

King Dollar has returned! For now at least.

DXY back above 93.

GBP fell back below 1.31, EUR hit 1.1820, & JPY back above 106.

European markets are set to open lower;

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