1. Hello Guest Click here to check FX Binary Point Financial Directory

S&P 500 surging towards major resistance ahead of key earnings on dovish ECB

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 23, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    US stocks are trading sharply higher today, tracking the massive gains seen across the European markets after the ECB President Mario Draghi delivered a surprisingly dovish message at the much-anticipated press conference earlier today. Without going too much into any technical details, the long and short of it is that the ECB’s bond buying stimulus package could be beefed up as early as the Bank’s December meeting, while interest rates could also be cut to negative. Unsurprisingly, the euro

    Continue reading...

Share This Page