Rally in Stocks and the Selloff in US Dollar Looks Overstretched

<p><img width="612" height="344" src="https://www.actionforex.com/wp-content/uploads/2021/09/f-stocks132.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2021/09/f-stocks132.jpg 612w, https://www.actionforex.com/wp-content/uploads/2021/09/f-stocks132-600×337.jpg 600w, https://www.actionforex.com/wp-content/uploads/2021/09/f-stocks132-150×84.jpg 150w, https://www.actionforex.com/wp-content/uploads/2021/09/f-stocks132-300×169.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>The US bond and stocks extended their rally on the back of soft US economic data and another strong US bond auction. The US dollar fell sharply against most majors, allowing the euro, sterling, and the yen to extend gains into the year end. The rally in the sovereign space looks overdone, hence the rally […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/fundamental-analysis/533244-rally-in-stocks-and-the-selloff-in-us-dollar-looks-overstretched/">Rally in Stocks and the Selloff in US Dollar Looks Overstretched</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>