Thursday, 11 June 2020

S&P 500 Index, Crude Oil Outlook Bearish After Uptrends Invalidated

Crude oil prices and the benchmark S&P 500 index may face increasingly-aggressive selling pressure after they both shattered their respective uptrends. What happens next?

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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...