Tuesday, 17 May 2022

Nasdaq 100 Soars as Tech Shares Make Comeback. Is This Another Dead Cat Bounce?

The Nasdaq 100 rebounds after Monday’s disappointing performance, but the tech index remains in a bear market, a condition that may limit its appeal among technical traders in the short term.

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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...