FXTM Forex Market Update | 19/07/2018

Stock markets drifted lower as trade tensions weighed on market sentiment. The Dollar was king across currency markets thanks to US rate hike expectations. In the commodity arena, Oil depreciated while Gold tumbled to a fresh yearly low. The Pound weakened sharply after UK Retail sales heavily disappointed in June. - The #EURUSD remains pressured by monetary policy divergence - #GBPUSD has tumbled to a 10-month low - #Gold bears are eying $1200 For more Market Analysis read the latest @http://fxtm.co/marketupdate-fb