Weekly Technical Forecast: Whether The Dows Trend or Dollar Range, Conviction Looks Wanting
Risk-leaning assets enjoyed a strong charge through this past week. Global indices, commodities and emerging market assets were all buoyed by a welcome return of capital to the weathered capital markets. Yet, momentum through this reversal has proven uneven and the high points of speculative appetite in the FX market have not followed in pursuit. Are our current bearings destined to change?
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