• May 12, 2023
  • Market News
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EUR/USD Bashed by Risk Aversion, S&P 500 Fumbles but Google Cushions Weakness

The EUR/USD and S&P 500 retreat on Thursday, undermined by negative market sentiment, with traders reducing risk exposure on fears of a larger pullback on the horizon.

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GBP/USD IG Client Sentiment: Our data shows traders are now net-long GBP/USD for the first time since Apr 25, 2023 when GBP/USD traded near 1.24.

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