Wednesday, 24 October 2018

Revisiting What Qualifies a True Reversal After the US Equity Rout

Volatility should not be miscontrued as conviction. However, sharp moves and technically prominent price developments can lower traders' rigorous criteria as the opportunity of systemic moves seems to grow.


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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...