Pull Back in Treasury Yields Boosted Stocks to New Record, Dollar Set Up for More Downside
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Dollar tumbled broadly again as falling treasury yield pushed US and German stocks to new record highs. Near term trend in the greenback should have reversed, but it’s unsure whether it’s ready for medium term down trend resumption yet. At least, EUR/USD will have to break through 1.2 handle with some conviction, while Dollar index […]
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