Dollar Posts Opposing Breaks with EURUSD and USDJPY, S&P 500 Tip Toes Among Bears

[MongiIG]

As the S&P 500 stumbles around an official ‘bear market’ closing, a deeper sense of despair seems to be spreading across the market. Another boost to the risk signal has come from USDJPY which seemed to have shifted its priority from expanding rate forecasts to distinct risk exposure.