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Dollar Slide Aligns to Rebound in Risk Trends but What About Rates and Recession Forecasts?


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S&P 500, Dollar, VIX Index, ISM, Employment and USDJPY Talking Points:

  • The Market Perspective: USDJPY Bearish Below 141.50; Gold Bearish Below 1,680
  • Risk appetite continued its charge to star the new month with an impressive 3.1 percent Tuesday rally from the S&P 500
  • Fundamentals remain a serious contrast to market progress, and it is likely only a matter of time before the speculative charge meets reality

 

Oct 5, 2022 
Written by John Kicklighter, Chief Strategist for DailyFX.com

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