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FXTM Forex Market Update | 19/12/2017

The global stock rally lost some momentum today as investors remained guarded ahead of a vote on US tax reforms. Dollar bulls were missing in action amid the caution while safe-haven assets such as Gold received a boost. With the economic calendar fairly light today, price action may dictate where currencies and commodities trade. - The #EURUSD remains pressured below 1.1850 - #GBPUSD is struggling to keep above 1.3300 - #Gold is eyeing $1267 For more Market Analysis read the latest @http://fxtm.co/marketupdate-yt

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Alex Gurr

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By Alex Gurr, Analyste invité

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The USD has bounced higher today on the back of comments from Governor Powell whose view on monetary policy remains the same with lifting rates steadily overtime and keeping inflation ticking along as well. So for the US economy this has been a positive statement to say the least from the FED, but...

18 juillet @ 00:39

By Lukman Otunuga, Analyste de recherche

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Buying sentiment towards the Dollar received a boost after Federal Reserve Chairman Jerome Powell expressed optimism over the strength of the US economy during his Congressional testimony. Powell stated that the risk of the economy weakening was “roughly balanced” with the possibility of...

17 juillet @ 14:36

By Lukman Otunuga, Analyste de recherche

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