Thursday, 20 January 2022

Dow Jones Reverses Earlier Gains & Stumbles into the Close, Falls Below its 200-day SMA

U.S.stocks erase morning gains and drop aggressively into the close as sentiment continues to be fragile on Wall Street and dip buyers remain reluctant to step in to pick up beaten down shares.

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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...