Hi Dabru,
Happy New Year.
Forget any other external forces. The reason FTE went down to 19.5c is because someone posted the following on this forum: "goodbye to the teens". Whenever that happens the SP always retraces to prove them wrong!
Anyhow, in perspective, the SP is still well above recent lows, so no complaints (I recently dived in at 14c).
Cheers.
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