S&P 500 Refuses to Break Directional Impasse, USDJPY and USDCNH Depress Dollar Impact

[BECKHAM]

The US markets were back online after another holiday weekend, but their return didn’t translate into clarifty for the likes of the S&P 500 as to whether last week’s charge was a break or temporary swell. With a light US docket ahead, major event risk elsewhere is shaking up FX majors.

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