EXCO
EXCO was founded to provide the highest quality brokerage services in global markets. We help our clients trade on financial markets by providing the necessary knowledge, fast order execution, a wide range of financial instruments, and the best trading platforms on the market. At EXCO, what you see is what you get.
US stock index currently in a bullish phase. Until when will this sentiment last? Let's read to the analysis.
Investors pay attention to economic data from major countries and the aftermath of COVID-19. How's the analysis?
The US indices are trying to break their resistance levels respectively, with DJIA being the most slow-heated.
Various reactions emerged after Jerome Powell speech. US markets indices showing upwards and downwards movement.
Even though the S&P 500 and NASDAQ 100 performance looks impressive yesterday, Powell's speech would be the main catalyst for today's plan.
The US Dollar generally moved lower, particularly against the Pound Sterling. Meanwhile, EUR/USD has surpassed its Pivot Point and looking to test the EMA 200.
Disappointing US consumer confidence data weighed on the stock index. What are the next steps for investors and traders?