fxstreet.com 04 Feb, 2021 04:45 am

Consolidates recent gains amid cautious sentiment, quiet markets

Consolidates recent gains amid cautious sentiment, quiet markets
Asian equities fizzle out the latest upside momentum ahead of Thursday’s European session. The risks got sold off recently as traders turn cautious ah

The reason to blame could be Thursday’s meeting to discuss the latest market frenzy by US Treasury Secretary Janet Yellen.Looking forward, fresh market frenzy may weigh on sentiment but US stimulus chatters can challenge the bears’ entry.FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.It also does not guarantee that this information is of a timely nature.

Asian equities fizzle out the latest upside momentum ahead of Thursday’s European session.Also challenging the mood could be expectations of retail rush round 2.

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