Wednesday, 1 December 2021

S&P 500 Technical Set-Up Looking Ominous, Hawkish Fed a Headwind

S&P 500 monthly close sets up a technically weak outlook. Hawkish Fed a headwind.

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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...