Thursday, 19 September 2019

Dow Jones Forecast: Momentum Stocks Gain Ground but Resistance Weighs Heavy

After opening higher, the Dow Jones forfeited gains as trade tensions look to derail a post-FOMC rally higher. Still, tech and momentum stocks were able to stem recent losses.

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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...