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S&P 500 Technical Analysis - "Make it or Break it" moment for the Market

Last week, the Fed hiked the interest rates by 25 bps as widely expected. The market was more focused on the Fed Chair Powell’s press conference for signals on the future moves. Unfortunately, Powell didn’t offer anything for the market as he kept all the options on the table and just repeated their data dependency when it comes to their future policy decisions. The economic data after the FOMC meeting supported the soft landing scenario with the US Jobless Claims beating expectations and the US... Read More

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Content Topics

Technical

Analysis

Make

Break

Moment

Market

Forex

Posted: Jul 31 2023, 06:17

Author Name: forexlive

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