Wednesday, 28 April 2021

Dow Jones Down Despite Fed and Earnings Support, Biden Eyed

The Dow fell alongside the Nasdaq and the S&P 500 as US stocks failed to capitalize despite support from a dovish Fed and firm earnings reports. A speech from US President Biden is now in focus.

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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...