The S&P 500 has given back its gains.
It rose as high as 1661 but has slid back to 1652. It’s pulling down USD/JPY along with it.
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Stocks drifting back to unchanged
Stocks drifting back to unchanged
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- The USDJPY is testing the high from last week
- Atlanta Fed GDPNow Q4 growth estimate remains at 3.1%
- Shameless plug. Attacking Currency Trends by Greg Michalowski. A bargain on Amazon
- HSBC still sees Fed rate cuts ahead, another 75bp next year. Higher stocks & USD also.
- Bitcoin price prediction - to cross up $100k
- Santa Claus stuffs stock market portfolios in a holiday-shortened session
- UBS says the USD value is 'stretched', sell further strength and get into GBP and AUD
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