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The USD rally is on pause this morning as traders position with caution on US Presidents Day. Reaction to data later this week could be crucial as to whether the USD rally has run its course.
Trading indices can add another string to your bow for a portfolio. They can add diversification and can be either defensive or add leverage to your trading. Using technical analysis can also help with timing.
Despite markets continuing to price for more Fed rate hikes, major equity markets remain buoyant. The glass seems to be half full on Wall Street as positive US data points to a softer landing for the US economy.
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