Forex News Dow and Nasdaq Enter Technical Corrections, Dollar Plays Safe Haven Ahead of GDP and FAANGs

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Foreign exchange Information Dow and Nasdaq Enter Technical Corrections, Greenback Performs Secure Haven Forward of GDP and FAANGs

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Dow, Greenback, Gold Speaking Factors:

• Threat aversion was on full show this previous session with a spread of speculatively pushed belongings – just like the SPX, DAX, crude and carry – registering vital losses
• Recognition that US stimulus is on ice is folding into proactive concern round world Covid instances with anticipation constructing for key occasion danger just like the US elections
• Whereas the November third vote is the best profile docket merchandise, the US GDP and FAANG earnings Thursday are potent sparks – as are the ECB and BOJ choice and extra

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