Thursday, 5 October 2023

Dow and Dax Fail to Extend Wednesday’s Bounce, but Nasdaq 100 Holds above Support

The Dow and Dax saw a rally off their lows yesterday, but so far have not been able to continue this move, but the Nasdaq 100 has held support for a second time in a week

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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...