Monday, 7 February 2022

S&P 500 Retreats as Bullish Sentiment Fades Ahead of Key US Inflation Data

The S&P 500 bounced between gains and losses for most of the day, but selling pressure accelerated in late trading, pushing the index below the 4,500 level amid fading buying interest.

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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...