NAGA flags dollar rebound above 100 as key test for broader shift in risk sentiment
Bitget2026/09/29 12:55- NAGA analysis flagged a potential market inflection as US dollar strength coincided with rising yields, weaker stocks, pressured metals.
- DollarIndex traded around 101.04; a move above 102 seen as a trigger for a broader shift toward sustained dollar strength.
- US 10-year yield hovered near 5.23%; EUR/USD traded around 1.1345 with 1.1350 support under pressure.
- S&P 500 stood near 7,698; uptrend intact, but conditions seen turning less supportive as yields climb.
- US NFP report on Friday identified as the next key catalyst for rates expectations, dollar direction, risk-asset pressure.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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