A cheaper dollar could increase the profits of the US economy, the majority of which are making profits in non-USD. Which is likely to have a positive effect on stocks and yields in the long term and in the coming years - but not this year 2021 (or even this summer). However, I am no longer optimistic for the US dollar and the US stock market, as well as for a rising yield curve for this summer 2021. Fear much more that we will have to experience such strong downward price fluctuations this summer, let alone expect it, unfortunately, more often than we would like.
So it remains as formulated a few weeks ago.
bear also under 89,370 mid-term
bear also under 88,253 long-term
only a bull again when prices are over 91,602 short-term
only a bull again when prices are over 92.503 mid-term
only a bull again when prices are over 93,437 long-term
may the price action be with U:
aaron
So it remains as formulated a few weeks ago.
bear also under 89,370 mid-term
bear also under 88,253 long-term
only a bull again when prices are over 91,602 short-term
only a bull again when prices are over 92.503 mid-term
only a bull again when prices are over 93,437 long-term
may the price action be with U:
aaron
