Thursday, 27 December 2018

Year-End Offsetting Fuels Wall Street Recovery, Be Mindful of More

A last-minute Wall Street rally after dismal US consumer confidence may have been because traders closed shorts, boosting prices. Asia stocks may fall but be mindful of more offsetting.


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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...