SentimentEdge report

Jason Goepfert

1-12-2022 at 11:00 am

After surge in optimism, the dollar falls into a downtrend

For the first time in almost 4 months, the U.S. dollar closed below its 50-day average. This is coming on the heels of a bout of excessive optimism. Those factors tend to precede more losses for the dollar, though it didn't necessarily translate to consistent gains (or losses) in other markets.

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