US Financial Knowledge Prints Softly, US Greenback Largely Flat


Determine 3 – US Greenback Index 15 Minute Candles Might 25, 2021 – Might 26, 2021. Supply

As we will see above, the DXY didn’t get offered on the bearish information releases. The information got here out at 10 AM ET yesterday. In truth, it popped intraday after which slid off its highs, rebounding because the European session approached on Might twenty sixth. Attention-grabbing, proper?

When information releases are bearish, and the impacted markets don’t essentially commerce within the consensus course, it takes me again to a time in 2007 – 2008. Knowledge appeared to pour in on the bearish aspect, but the fairness markets simply went up, up, up. Extra on that quickly.

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Rafael Zorabedian
Inventory Buying and selling Strategist

Sunshine Income: Efficient Funding via Diligence & Care

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