FX risk trades continue to recover

There are post-attack highs ongoing in cable, the euro and commodity currencies. There is less enthusiasm in stocks, with the S&P 500 stalled and still down 38 points.

The market is steadily recovering after the attacks and so far the market is tentatively-optimistic that escalation can be contained.

Cable is still in a big hole but it’s slowly climbing out.

Meanwhile, CAD is now at the highs of the day with the help of a 3% rally in oil.

This article was written by Adam Button at www.forexlive.com.