The $ Dollar & Bond Market Reversed? How Will it Affect Stock Market in Nov.
@Twelve_E：
U.S. bond yields hit their largest weekly decline of the 2023 last week. At the same time, since November, the 5DMA of the $USD Index(USDindex.FOREX)$ price has crossed below the 10-, 20-, 30-, and 50-day moving averages.The market is expecting that considering the suspension of interest rate hikes and the decline in U.S. bond yields, the price of the U.S. dollar will also undergo an adjustment, which will be good for the U.S. stock market. $S&P 500(.SPX)$ $NASDAQ(.IXIC)$ $DJIA(.DJI)$While Last week's movements were mainly caused by the combination of the Fed's suspension of interest rate hikes, the narrow