Sunday, 11 September 2022

Check S&P 500 Historical Averages Against Current Issues, Dollar Wobble at Decade Highs

This past week ended with a correction to significant market moves - a rebound in risk assets led by the S&P 500 and a slip from the US Dollar pushing a multi-decade high. The expectations of historical averages will charge serious anticipation, but our current conditions can result in substantially different market developments.

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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...