FXTM Forex Market Update | 18/07/2017

World stocks were mixed at the start of the week as investors juggled with a multitude of economic releases. Dollar weakness rattled the currency markets while Sterling popped above 1.3000 on monetary policy speculations. Gold has benefited from a touch of caution but WTI Crude remains gripped by the oversupply concerns. Much attention will be directed towards the UK inflation report which may play a part in where Sterling concludes today. - The #EURUSD remains bullish on the daily charts - #GBPUSD trades above 1.3000 - #Gold bulls are eying $1240 For more Market Analysis read the latest @http://fxtm.co/marketupdate-yt

Recently Uploaded

Everything you need to know about how to trade indices!
What is Non-Farm Payroll (NFP) & why does it matter when trading?
5 types of traders explained; Which one are you?
4 things to help you prepare for a week ahead of forex trading!

Latest Market Research Articles

USDJPY rises to 20-year high on dovish BOJ
Han Tan

28 April @ 13:10

By Han Tan, Chief Market Analyst at Exinity Group

USDJPY rises to 20-year high on dovish BOJ
USDJPY briefly touched the 131 level for the first time since 2002, before the currency pair was resisted at that psychologically-important handle. The dovish Bank of Japan’s statement today had wrought more weakness on the Japanese Yen, which fell against all of its G10... Read full post
Mid-Week Technical Outlook: Dollar Dominates FX Space
Lukman Otunuga

27 April @ 16:37

By Lukman Otunuga, Senior Research Analyst

Mid-Week Technical Outlook: Dollar Dominates FX Space
Like a rampant bull, the dollar trampled most G10 currencies this week and climbed to a fresh 25-month high above 103.00! Market expectations over the Federal Reserve aggressively raising interest rates and demand for safe-haven assets continue to empower dollar bulls. There are... Read full post
Markets Spooked By China Lockdowns and Rate Hike Jitters
Lukman Otunuga

26 April @ 10:57

By Lukman Otunuga, Senior Research Analyst

Markets Spooked By China Lockdowns and Rate Hike Jitters
Asian markets were wrapped in caution on Tuesday as investors nursed the nasty hangover from the previous day’s rout as fears over the impact of China’s new lockdowns lingered in the air. Overnight, Wall Street was thrown a lifeline later in the session after Twitter agreed to be bought by... Read full post
Scroll Top
Risk warning: Trading is risky. Your capital is at risk. Exinity Limited is regulated by FSC (Mauritius).