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FXTM Forex Market Update | 19/10/2017

The Euro was surprisingly resilient during Thursday’s trading session, despite reports of Spain proceeding with suspending Catalonia’s political autonomy on Saturday. Sterling was under pressure after retail sales disappointed in September. WTI bulls displayed early signs of exhaustion as prices dipped towards $51. With the Dollar weakening, gold bulls were inspired to send the metal back towards $1285. With the economic calendar light today, the developments in Catalonia will be in sharp focus. - #EURUSD is edging towards 1.1850 - #GBPUSD is challenging 1.3150 - #Gold remains pressured below $1300 For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt

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