Dow and S&P 500 Breakout Collapses But Dollar Holds Onto Losses with Powell Ahead

[BECKHAM]

At the open for trade this week, it seemed that the US indices would extend Friday’s rally to notch further technical breakouts; but conviction evaporated and we were left with troubling reversals. Meanwhile, the Dollar’s extended losses are proving stickier but Fed’s Powell could change that picture.

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