Wednesday, 30 October 2019

Dow Jones, Nasdaq 100, S&P 500 Forecasts Following the Fed's Rate Cut

Markets were on edge ahead of Wednesday’s Fed meeting where the bank cut rates by 25-basis points, but Chairman Powell’s subsequent commentary may have laid the foundation for new heights.

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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...