S&P 500, DAX & FTSE — Fed and ECB Over With, BoE Next

Talking Points: FOMC raised 25-bps, light calendar next week; S&P could test support line ECB sparked big volatility in euro and stocks; DAX difficult to get a handle on BoE on Thursday; FTSE range has traders scratching their heads for directional cues For forecasts, trade ideas, and educational guides, check out the DailyFX Trading Guides. […]

Dow Reverses from Fibonacci Resistance After FOMC, ECB

Talking Points: — A bit of pressure has started to show in US stocks after this week’s outlay of risk events. FOMC and ECB helped to push matters, but exacerbating the situation was another flare of tariff/trade war worries along with another fresh bout of European political risk. — The Fed was fairly clear in […]