Markets US invertors returning after Wednesday’s Juneteenth holiday found some disappointing, admittedly mostly second tier, US data (jobless claims at a high 238k, housing starts and permits declining and the Philly Fed business outlook unexpectedly easing). US bond markets didn’t take notice. Yields even regained slightly ground rising between 2.5 bps (2-y) and 4.2 bps […]
US 500 index is edging higher, a tad below the 50-day SMA Bulls are feeling more confident following strong tech earnings Momentum indicators are mixed at this stage The US 500 cash index is trying to record its third consecutive green candle today as the bulls are probably feeling relieved following the recent strong tech earnings […]
The post US 500 Cash Index in the Green Ahead of Fed appeared first on Action Forex.
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