claudiowall

Changes of FED´s speech in the chart: #dollar and #SP500

Long
INDEX:DXY   US DOLLAR CURRENCY INDEX
Changes of FED´s speech in the chart, and as they have influenced the dollar and the stocks markets:
FED dropping patient and replacing it with greater emphasis on meeting to meeting data.
Now considering the overbought level, with the dollar strengthening the United States stock market It ought to reach a tipping point That will lead to a healthy correction, before the economic fundamentals do return to the cyclical growth trend.
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