Thursday, 10 June 2021

DAX 30 & FTSE 100 Wedge Breaks Look Imminent, Catalyst Required

The DAX 30 and FTSE 100 have worked themselves into similar rising wedge patterns that may suggest a break lower is imminent. That said, such a breakdown may be difficult to establish given current...

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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...