Thursday, 3 December 2020

S&P 500 Index Outlook: RSI Divergence Hints at Pullback Ahead of NFP

The S&P 500 index could be at risk of a near-term pullback ahead of Friday’s Non-Farm Payrolls report as RSI divergence and fading volume hints at a rally running out of steam.

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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...