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S&P 500 Swings Higher Despite Sharp Growth Downgrades, Beware USDJPY Intervention


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The fundamentals took a notable slide this past session with the IMF’s downgrading its global growth forecasts sharply owing to the Ukrainian invasion – among other issues. Despite that fog, the S&P 500 rallied…within its established range.

 

DailyFX and IG.jpg

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