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.