Risk warning: FT Global Ltd is regulated by the IFSC.
Risk warning: Your capital is at risk.

FXTM Forex Market Update | 01/05/2018

Global equity markets were steady as rising commodity prices and positive first-quarter earnings supported appetite for stocks. In the currency markets, Dollar strength remains a dominant market theme. Sterling remains pressured by fading rate hike expectations while the Euro has extended losses. Expectations of higher US interest rates have pressure Gold with prices edging towards $1300 • The EURUSD is under pressure with 1.20 in sight • GBPUSD remains heavily depressed • Gold could test $1300

Recently Uploaded

Latest Market Research Articles

20 August @ 21:41

By Jameel Ahmad, Global Head of Currency Strategy and Market Research at FXTM

Dollar softness provides encouraging start to week for APAC currencies
The continuation of investors taking profit from the Dollar has allowed currencies around the APAC region to start the week positively against the Greenback. The Thai Baht led the way with gains beyond 0.60% while the Indian Rupee managed to strengthen just under 0.50% with the USDIDR falling...
Alex Gurr

20 August @ 19:58

By Alex Gurr, Guest Analyst

Pound and Oil rise on weaker USD
It has been a slow start to the week with the focus being on China and upcoming economic data, but during the holiday periods there can be still be some strong ups and downs. Clearly today was a case of USD weakness as traders looked to take some profit on the events of last week, and before US...
Hussein Sayed

20 August @ 09:41

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

Investors cautiously optimistic on U.S. – China talks
Asian equities were trading mixed on Monday after a nervous last week which saw wild swings in global equities and emerging market currencies. News that officials from Beijing are heading to the U.S. on Wednesday to restart trade negotiations is likely to provide some stability, however don’t...