Very little has happened in the dollar market for many weeks. It stuck in a side move, which was also preceded by a significant weakening of the USD from previous months, along with a rebound since March and an increase in risk appetite in the markets. It is clearly visible on EUR/USD. After reaching 1.20,
While the Nasdaq or the wide S&P500 not so long ago broke further bullish records, a slightly different picture appears from the behavior of smaller companies, represented by Russell 2000. In this case, after the covid panic, it was not possible to return to the long-term highs, and only remedy the pandemic collapse. If we
The Nasdaq rebounded almost 90% from the trough in March. This sector is the leader of the entire recovery. However, the mood among investors is extremely optimistic, and technology companies are mostly interested in the youngest investors. On the one hand, the tech giants' business model appeals to new investors, often millennials, who use Robinhood.
Tuesday morning, and thus the new month, begins with the continued weakening of the dollar. In the case of EUR / USD, this move pushes the market to the round 1.20 level. However, if we look at the balance of forces on the daily chart, it is clear that in recent weeks the trend has