EUR/USD Rate Weakness to Persist as RSI Holds in Oversold Zone

EUR/USD may continue to give back the advance from the July 2020 low (1.1185) as long as the Relative Strength Index (RSI) holds in oversold territory.

from DailyFX – Market News https://bit.ly/3CHzxgQ
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Nasdaq 100 Forecast: U.S. Tech Stocks Remain Attractive as Real Yields Decline, Powell Reappointed

The reappointment of Fed Chair Jerome Powell had Nasdaq 100 investors cheering as hesitation abated. Falling real yields continue to buoy elevated NDX levels but technicals point to a looming corre…

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Jerome Powell Tapped by Biden for Second Term as U.S. Federal Reserve Chair

Arguably the most dovish chairman in recent Fed history, Jerome Powell, will continue to helm the U.S. Federal Reserve in a post-pandemic economy. Markets reacted well, with USD up and equities loo…

from DailyFX – Market News https://bit.ly/3DJlgBF
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