Tuesday, 9 November 2021

S&P 500 Falls from Record High Ahead of US CPI Data; PayPal Sinks on Weak Guidance

S&P 500 snaps winning streak and retreats from record high on profit-taking after failing to clear cluster technical resistance ahead of Wednesday's U.S. inflation data.

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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...