Markets Show Diverging Momentum After Central Bank Decisions
The NASDAQ 100 has continued to attract buyers on dips this week, suggesting that it remains in a range-bound market. Following the interest rate decisions by major central banks including the Federal Reserve, Bank of Japan, and Bank of England, the market has closed the week on a positive note with bulls still in control.
The euro has experienced some weakness as a result of the Federal Reserve's decision to raise rates and hint at further hikes. This move has caught traders off guard, leading to some uncertainty in the markets.