DAX 30 Forecast: Indecision Creeps in as ECB Promises Disappoint
DAX 30 Forecast: Indecision Creeps in as ECB Promises Disappoint Key Talking Points: The ECB meeting failed to offer much of note for investors expecting further action to control borrowing costs DAX 30 shows indecision as bears take control at the 14,600 resistance The DAX 30 is showing indecision on the daily chart after yesterday’s uneventful ECB meeting. Thursday’s candlestick on the German index chart is showing how bullish investors were disappointed at the lack of commitment from the central bank to curve the rise in bond yields, despite continuing to promise low financing conditio...
Source: dailyfx.com