Dollar Rebounds but Is It a Safe Haven Offset to S&P 500 or Yield Follower?

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Dollar, S&P 500, USDJPY and Crude Oil Talking Points:

• Though the Fed rate decision put forward rate forecasts that see no hikes at least through the end of 2023, the US 10-year Treasury yield extended its climb above 1.7 percent
• A relief rally around the US central bank’s commitment lasted for mere hours as the S&P 500 lead US indices, fad assets and yield-sensitive risk assets lower
• Meanwhile, the DXY Dollar Index has posted a bounce before crashing technical support, but is the currency a carry candidate or haven in demand?

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