Dollar demise set to continue? Well, it certainly looks that way as the technicals are rather awful at the moment for the greenback. I highlighted that here and also pointed out some spots of hope where dollar buyers may make a stand.
Besides the dollar slide, equities are also starting to intrigue even more with both the S&P 500 and Nasdaq breaking to fresh highs since April last year. Tech stocks are a major standout in the last few months on the back of the AI boom and we are continuing to ride that wave for now.
Elsewhere, gold is also seeing a solid rebound to $1,960 and if price can hold above its 100-day moving average of $1,953, there is encouragement to take a look at the $2,000 mark again next.
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