Surprise Resulted In This Market Mechanic Causing A Sell-Off Before Traditional Santa Claus Rally - Apple (NASDAQ:AAPL)
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
2/16/2021 2:29:54 PM GMT | By Pablo Piovano DXY reverses the initial drop and regains the 90.50 area. US Empire State index surprised to the upside in February. Higher yields help in the dollar’s recovery on Tuesday. The US Dollar Index (DXY), which gauges the greenback vs. a bundle of its main competitors, now regains the positive ground and retakes 90.50 and beyond. US Dollar Index stronger on higher yields The index leaves behind the initial pessimism and regains the smile on the back of the persistent move higher in US yields. Indeed, yields of t...