Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 90% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 90% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

FXTM Forex Market Update | 31/07/2018

Global markets were mostly mixed as investors adopted a guarded approach ahead of the Federal Reserve policy meeting. The caution can be reflected across currency markets with the Dollar struggling for direction. In the commodity arena, Gold remains pressured mostly due to US rate hike expectations. With the economic calendar fairly light today following the BoJ meeting, price action may dictate where currencies and commodities trade towards. • The #GBPUSD needs to breach 1.3084 for further downside • #Gold bears are eyeing $1213 For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt

Recently Uploaded

Latest Market Research Articles

Lukman Otunuga

22 January @ 15:10

By Lukman Otunuga, Research Analyst

Risk sentiment hit by IMF pessimism; Gold glitters
A wave of risk aversion swept across financial markets today with global equities retreating as pessimism over global growth sapped risk sentiment. The International Monetary Fund’s recent gloomy global growth outlook left a bitter aftertaste while Brexit-related uncertainty and a prolonged US...
Hussein Sayed

22 January @ 09:24

By Hussein Sayed, Chief Market Strategist (Gulf & MENA)

Markets take a U-turn after disappointing headlines
After a positive start to the week, Asian equities fell today amid rising concerns over the global economic outlook. The market is currently being driven by the daily news feed. An example of this, is the caution observed over the latest revised growth estimates from the IMF. The fund lowered its...
Lukman Otunuga

21 January @ 23:18

By Lukman Otunuga, Research Analyst

Pound steady after May unveils Brexit ‘Plan B’
Sterling gained slightly against the Dollar on Monday after British Prime Minister Theresa May unveiled her Brexit ‘plan B’ to Parliament. The Pound’s positive reaction to May’s speech came as a surprise, especially when considering how MP’s described the ‘plan B’ as ‘Plan A’ in disguise. With...
Scroll Top