Wednesday, 12 October 2022

Dollar and S&P 500 Wind Up Despite Financial Warnings but CPI Ahead

Despite the warning from the IMF that the worst is still ahead for economic and financial risks, the S&P 500 and US Dollar have worked their way into remarkably tight trading patterns. If today’s CPI sparks the same level of volatility as it did last month, calm could give way to volatility.

from DailyFX - Market News https://ift.tt/Ydq023E
via IFTTT

No comments:

Post a Comment

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...