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EURUSD Reversal First Steps and Nasdaq Back to Record Ahead of Stimulus Update

From youtube.com/dailyfx

Despite the worst opening day to start a year since 2016 and mid-week political stability risks hitting the market, the Nasdaq, S&P 500 and Dow all ended at record highs. • A rise in Coronavirus cases globally and a distinct drop in December NFPs didn’t seem to knock major risk assets off course. • Between a thin economic docket and transitional systemic themes, top event risk in the week ahead is likely President-Elect Biden’s stimulus plan.

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  • Category: Fundamental Analysis