A US Dollar Break Looks Clear, What About the S&P 500? (Trading Video)

US Dollar Talking Points:

• This past week ended on with a downgrade in global GDP by the OECD (to 2.9% in 2019) and reports that Chinese officials cancelled farm visits
• September PMIs and a run of key central bank speakers will keep #recession fears and monetary policy effectiveness front and center
• Breakouts are likely this week - from the Dollar to S&P 500 to gold - but don't presume momentum will be in ready supply

See how retail traders are positioning in the Dollar pairs, US indices, broader FX pairs, gold and oil intraday using the DailyFX-IG speculative positioning data on the sentiment page. (https://www.dailyfx.com/sentiment?ref-author=Kicklighter)

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