VIDEO: US Yields Are Bearish For USD, But Bullish for Gold and Stocks in Current Market Conditions
Amid a Thanksgiving-induced market calm, this week saw the dollar stabilize and U.S. yields rise, hinting at only a temporary shift in market dynamics.
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At the same time, if you celebrated Thanksgiving, I hope you had some wonderful time with your family and friends. If not, I hope you had some good rest away from the screens because of the slow markets.
Now, what we have seen this week is that the dollar stabilized a bit due to Thanksgiving day, while the US yields turned up and stocks slowed down. However, this can be only a temporary "holiday market mood", so interesting developments can occur next week, when USD can see further weakness, but possibly will bring us some better levels first.
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Trade well,
Grega
https://twitter.com/GregaHorvatFX
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