Tuesday, 23 February 2021

Nasdaq, S&P 500 Recover as Powell Testimony Echoes Dovish Fed

Stocks are still trading in the red so far today, but the Nasdaq is bouncing back with the S&P 500 thanks to reassuring comments from Fed Chair Powell during his semi-annual congressional testimony.

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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...