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Indices Updates by Solid ECN
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[QUOTE="SOLIDECN, post: 215044, member: 80239"] [JUSTIFY]Dow Jones - Index headed for August highs Quotes of US stock indicators slowed their growth against the background of ambiguous rhetoric of officials of regional Federal Reserve Banks (FRB) regarding further prospects for raising interest rates. Thus, the head of the St. Louis Fed, James Bullard, noted that the regulator needs to continue the "hawkish" course, since the current interest rate level does not limit economic activity sufficiently. In his opinion, the target level of the value may range from 5% to 7%, however, if inflation in the USA slows down in the coming months and quarters, the US Fed will not have to tighten monetary policy as sharply as expected at the moment. [img]https://i.ibb.co/gDzg7S6/ym.png[/img] On the daily chart, the index quotes continue their corrective dynamics and increase, reaching a local maximum in early August at around 34000. Support levels: 33180, 31750 | Resistance levels: 34000, 35350[/JUSTIFY] [/QUOTE]
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