Thursday, 8 August 2019

DAX 30 & CAC 40 Technical Outlook: Only in Bounce Mode for Now

The German and French stock markets are recovering from oversold, but not expecting bounces to turn into outright rallies, rather corrective of the prior sell-off.


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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...