Nice //@StonkerLL:Yayayaya papaya//@koolgal: The strong US Dollar is currently the King of currencies in a world of slowing economic growth and the Ukrainian war.US Dollar is also the global reserve currency. This means that a large amount of US dollars are held by Central Banks and major financial institutions to use for international transactions. With the aggressive stance of the Feds to fight high inflation, rising interest rates will attract more inflows into the US dollar. The US Dollar is also regarded as a safe haven asset with the ongoing Ukraine war. So I believe that the US Dollar will continue to be strong in the short to mid term.
@出没在交易圈的情报员:US Dollar Index (DXY) Has Peaked Or Not? They Say...
Nice 👍🏻 //@PearlynCSY:S&P 500 closes lower Wednesday after two days of strong gains. U.S. stocks fell on Wednesday as Wall Street failed to hold on to the sharp gains from the last two sessions.The Dow Jones Industrial Average lost 0.14%, to 30,273.87. The S&P 500 lost 0.20% to close at 3,783.28, and the Nasdaq Composite slid 0.25% to 11,148.64.“It’s a moment of pause for the market to reflect on how durable the rally the past two days actually could turn out to be,” said Yung-Yu Ma, chief investment strategist for BMO Wealth Management. “The market’s making the assessment that it’s really going to take a lot for the Fed to make a dovish pivot. Yes, the JOLTS number was extremely welcome, no question about that. But that i
US STOCKS-Wall St Ends Down As Two-Day Rally Fizzles on Data, Fed Message