Wednesday, 9 February 2022

Nasdaq 100 Rallies as FOMO prevails Over Fed Anxiety ahead of Key US Inflation Report

Nasdaq 100 surges amid improved risk appetite, but falls short of reclaiming its 200-day SMA decisively, a sign that the underlying bias remains slightly bearish ahead of U.S. CPI 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...