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Nasdaq 100 futures on a tear now as risk piles in
The dollar has lifted even more since the previous few updates and that has seen the EUR/USD fall towards 1.1100 now and the USD/JPY has pushed even higher, towards and above 147.50. The GBP/USD is threatening to bust below the 1.32 handle. In fact it has now done that and the whole risk edifice has improved significantly over the past 20-30 minutes. The US equity futures are tearing higher and that has seen the Nasdaq 100 lead the charge there. The index had closed almost unchanged on Friday anyway, when it ended the week at 20,061. The futures price is now looking at an opening above 20,800 later today. The Nasdaq 100 is currently priced to reopen around 20,825
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