Thursday, 2 September 2021

Russell 2000 Extends Gains but Bullish Momentum Could Begin to Fade Soon

The Russell 2000 has rallied in recent days after climbing above the midpoint of a lateral trading range, but buying momentum could fade as price approaches a key resistance.

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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...