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Dollar Surges, SPX Enters ‘Bear Market’, VIX and USDJPY Are the Measures to Watch


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It has finally happened. The convergence of unrelenting inflation, rapidly rising rates and tumbling growth forecasts has pushed risk trends into a deep dive. The S&P 500 has entered a technical ‘bear market’ while the Dollar has reverted to its vaunted ‘safe haven’ status. Traders should be on high alert…while watching VIX and USDJPY closely.

 

 

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