Wednesday, 18 October 2023

US Indices Ahead of Powell; S&P 500 & Nasdaq Price Setups

US equity indices will be looking for cues from Powell who is scheduled to speak later Thursday. S&P 500 and Nasdaq have retreated from key resistance. Is the rebound over?

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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...