US Stocks Begin Profit-Taking as Investors Eye GDP; ECB Rate Decision Also Awaited

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2021/07/f-stocks122.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://www.actionforex.com/wp-content/uploads/2021/07/f-stocks122.jpg 612w, https://www.actionforex.com/wp-content/uploads/2021/07/f-stocks122-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2021/07/f-stocks122-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2021/07/f-stocks122-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>Range trading continues in most major pairs and crosses for the week so far. Dollar’s selloff was relatively short-lived overnight, as US stocks retreated rather deeply after initial rally. There is sign of profit-taking in equities, which could curb any selling pressure in the greenback in the near term. However, Dollar’s next move remains contingent […]</p>
<p>The post <a href="https://www.actionforex.com/action-insight/market-overview/536782-us-stocks-begin-profit-taking-as-investors-eye-gdp-ecb-rate-decision-also-awaited/">US Stocks Begin Profit-Taking as Investors Eye GDP; ECB Rate Decision Also Awaited</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>