Wednesday, 28 November 2018

S&P 500 Gains in Vain after Powell Speech? USD Still in a Uptrend

Fed Chair Jerome Powell offered the S&P 500 its best performance since March, but the index hasn’t conquered resistance. Asia stocks may echo gains on Wall Street, boosting AUD.


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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...