Friday, 7 September 2018

Equities Forecast: DAX at Critical Support, CAC 40 Hold Summer Lows For Now

DAX outlook weak after breach of July low, eyes on rising trendline from 2016 low to offer a mild reprieve, while the CAC 40 finds support from the summer lows for now.

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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...