Dow and S&P 500 Breakout Collapses But Dollar Holds Onto Losses with Powell Ahead

At the open for trade this week, it seemed that the US indices would extend Friday’s rally to notch further technical breakouts; but conviction evaporated and we were left with troubling reversals. Meanwhile, the Dollar’s extended losses are proving stickier but Fed’s Powell could change that picture.

from DailyFX – Market News https://ift.tt/pC3AH7l
via IFTTT