Wednesday, 26 September 2018

Dow Jones Drops as the Fed Hikes: Support Potential Remains

The Dow is dropping after the third rate hike out of the Fed this year, but it was the removal of a supposedly inconsequential word from the statement that appeared to get attention.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...