Thursday, 13 August 2020

Dow Jones Hits Key Resistance, Nikkei 225 Clears its Own. Dax 30 Ranges

The Dow Jones Industrial Average tested a key resistance at 28,000 but failed to break through. Germany’s Dax fell 0.5% to just below 13,000.

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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...