From Investing.com: 2025-03-21 10:20:00

The US Dollar has been trading in a tight range for the past two weeks, forming a potential bottom after being oversold. Traders are advised to be patient as a low Relative Strength Index is not a buy signal. The Fed sent mixed signals this week by lowering GDP growth forecasts but raising inflation expectations, hinting at a possible rate cut. Major US indices have been rallying, with the S&P 500 gaining over 3% since last week’s lows. CNN’s Fear and Greed Index is still in Extreme Fear, but a rebound could signal more buying in equities. Despite fears of a recession due to tariff wars, the global economy has remained resilient in the past.



Read more at Investing.com: US Dollar Forming a Bottom While Stocks Step Up