Doubts are emerging over Powell's culpability
Doubts are emerging over Powell's culpability
The US dollar index's current dynamics reflect a fundamental shift in market perception: the dollar faces an unprecedented mix of political, monetary, and structural challenges that call its long-standing dominance into question
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During the upcoming weekly period, euro quotes are expected to continue moving within an overall sideways trend. Over the next couple of days, a pullback toward the boundaries of the resistance zone is likely. After that, a reversal and continuation of the downward movement vector can be expected. The downward price movement is anticipated to be limited to the support zone.
At the beginning of the current week, price movement of the British pound is likely to occur along the resistance zone. In the second half of the week, a reversal formation and a resumption of the downward trend can be expected. The support zone limits the scope of the pair's weekly growth.
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By offering a sacrifice, the S&P 500 managed to win the game