11.08.2016 • 13:00 GMT
Trade or Fade S&P 500 on Risk, Dollar on Rates, Kiwi on RBNZ Cut?
John Kicklighter
• The Dollar was the worst performing major Wednesday but there was little driving the move and tech levels are rising
• Risk-oriented markets eased off their earlier rise with EM, high yield and global equities joining the S&P 500
• NZD/USD surged after the RBNZ cut less than initially feared, but follow through on a rate cut?