The anticipated market stabilization didn’t happen last week. Instead, despite massive monetary and fiscal stimulus, stocks around the world still ended sharply lower. Nevertheless, as stocks are showing sign of loss of downside momentum. Treasury yield has somewhat stabilized in range. We’d see that the rock bottom in investor sentiment should be around the corner. […]
The post Dollar in Strong Rally as Coronavirus Pandemic Worsened, Key Resistance Levels Broken appeared first on Action Forex.