- market moves have stalled. The MSCI Asia Pacific Index did manage to extend Monday's gains, but other markets are heavier.
- he dollar initially extended its loss but recovered after several key chart points were tested, including $1.18 in the euro, $1.30 in sterling, and $0.7200 in the Australian dollar.
- While some Asian emerging market currencies are firmer, the freely accessible liquid currencies, like those of Russia, Mexico, and South Africa, are softer, and the JPMorgan Emerging Market Currency Index is breaking a five-day rally.
For further details see:
The Dollar Tests Key Supports And Pauses