Dollar Retreats as Markets Stabilize Post-Election; Focus Shifts to BoE and FOMC
Dollar saw a modest pullback in Asian session today, easing off its sharp post-election rally as market enthusiasm stabilized. US equities, including DOW, S&P 500, and NASDAQ, all closed at record highs overnight on strong gains, with DOW particularly outperforming. Meanwhile, 10-year Treasury yield surged to a crucial Fibonacci resistance level that could prove pivotal. […] The post Dollar Retreats as Markets Stabilize Post-Election; Focus Shifts to BoE and FOMC appeared first on Action Forex.
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Dollar saw a modest pullback in Asian session today, easing off its sharp post-election rally as market enthusiasm stabilized. US equities, including DOW, S&P 500, and NASDAQ, all closed at record highs overnight on strong gains, with DOW particularly outperforming. Meanwhile, 10-year Treasury yield surged to a crucial Fibonacci resistance level that could prove pivotal. […]
The post Dollar Retreats as Markets Stabilize Post-Election; Focus Shifts to BoE and FOMC appeared first on Action Forex.
