Forex @ DailyFX - US Dollar Can Regain Ground but Can it Produce a Real Rally?: "As usual, the S&P 500 US stock index is our favored barometer for investor sentiment. The most recognizable and liquid stock benchmark in the world’s largest economy is a perfect gauge for global sentiment. Furthermore, equities themselves have an inherent bullish bias as the vast majority of market participants are buy-and-hold only. So, when confidence rises, shares are purchased. When pessimism takes over, they are sold. In correlations, we see how critical considerations (funding availability, expected rates of return, economic growth, stimulus and other market manipulations, etc) take over the broader flow of capital."
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