Friday, 17 April 2020

US Dollar & VIX Supported; Stock Market Rally at Wits End?

The strong US Dollar and still-elevated VIX Index suggest that the ongoing bear market rally may soon unwind as pessimistic earnings reports trickle in and dreadful economic data readings mount.

from DailyFX - Market News https://ift.tt/2Kg1Bzc
via IFTTT

No comments:

Post a Comment

ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...