Tuesday, 11 May 2021

DAX, EUR Update - Reflation Trade Back On After Nasdaq Meltdown, USD Attempting Comeback

Inflation concerns revive the reflation trade, causing tech stocks to unwind some of their gains

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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...