A hesitant and overlapping medium term bull phase has further potential. Interim market action is possibly forming a continuation pattern.
Dollar index: Further eventual upside potential.
EUR/USD: Deeper correction alternative.
Correction within a dollar bull trend applicable.
There’s a two-out-of-three chance the US stock market will rise in 2022. A 66% probability of a rising market next year seems downright attractive, given that equities have more than…
The dollar stood at its highest levels of the year against sterling and the euro on Thursday, while the yen was smarting from its sharpest drubbing in a month, after the hottest U.S. inflation reading in a generation fanned bets on rate hikes.
Oil prices were steady on Thursday after falling in the previous session on concerns rising inflation in the United States, spurred by climbing energy costs, may prompt the government to release more strategic crude stockpiles to drive down prices.