Wednesday, 1 May 2019

How Far Will Dollar, S&P 500 Reversals Run Post Fed?

The Fed initially did little more than extend prevailing winds…until Chairman Powell stoked a speculative response. Will the S&P 500 reversal take serious traction? What should we expect from the Pound with the BOE ahead?


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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...