Dollar Surges, SPX Enters ‘Bear Market’, VIX and USDJPY Are the Measures to Watch

It has finally happened. The convergence of unrelenting inflation, rapidly rising rates and tumbling growth forecasts has pushed risk trends into a deep dive. The S&P 500 has entered a technical ‘bear market’ while the Dollar has reverted to its vaunted ‘safe haven’ status. Traders should be on high alert…while watching VIX and USDJPY closely.

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