Investor risk appetite continues to grow
On Monday, the US Dollar Index reached its lowest daily close since 27 October before transitioning to a consolidation phase afterwards.
An inclination toward risk is prevalent in markets. The prospect of the US Federal Reserve quickly raising interest rates doesn't scare investors as it did a while ago. It's likely that US stock indices will continue to move up.
Disclaimer: The information in this article is not intended to be and does not constitute investment advice or any other form of advice or recommendation of any sort offered or endorsed by Libertex. Past performance does not guarantee future results.
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