Dollar Extends Rally for a Few Key Breaks, S&P 500 Throttles its Descent

The strong trends of risk aversion and Dollar recovery at the end of last week have survived the weekend. EURUSD and USDJPY won significant technical progress as the market’s Fed rate forecast has jumped, but how far can this momentum carry? Meanwhile, will meme stock volatility unsettle the S&P 500 and core market?

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