Thursday, 18 May 2023

Nasdaq 100 Pulls Off Epic Breakout, Rockets to New 2023 Highs, Defying Gravity

The Nasdaq 100 stages a bullish breakout and rises to its best levels since April 2022. While the outlook remains constructive, caution is warranted, with the market approaching overbought territory

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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...