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Sunday, February 7, 2021

Been a sharp decline on the US dollar since Friday 2/5/21 and the stock market correction isn't coming yet.

       The US dollar has been falling since Friday around 6:10 am in the morning Eastern Standard Time from when it was up at a peak of $91.49.     Since the stock futures have started this late afternoon out on the Pacific Coastline on the rise, except that when the US dollar had bottomed to $91.00 at 6:55 pm EST on this Sunday 2/7/21.     The dollar has been climbing at a slow crawl, here is the stock futures: DOW is up by .45 percent, the S & P 500 is up by .47 percent and the NASDAQ is up by .55 percent at 7:15 pm PST.        With the dollar dropping like the way it did on Friday 2/5/21 the correction that has been in the news will more likely come around when the dollar is suddenly rising.       Here is an article on the countries dealing with the negative interest rates:  https://www.cnn.com/2021/02/07/investing/stocks-week-ahead/index.html.       Right now the US dollar is at $91.06 at 7:34 pm PST and here is another update on the stock futures: DOW is up by .56 percent, the S & P 500 is up by .50 percent and the NASDAQ is up by .58 percent at 7:36 pm. 

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