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

FXTM Forex Market Update | 14/06/2018

As widely expected, the Federal Reserve has raised interest rates for the second time this year. The Fed policy statement was fairly hawkish with the central bank surprising markets by projecting two more rate hikes this year. The main event risk today will be the European Central Bank meeting which is expected to conclude with monetary policy left unchanged. In the commodities arena, Oil is likely to remain range-bound ahead of the OPEC meeting next week. - The #GBPUSD remains trapped in a range - #Gold has broken above the $1300 level For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt

Recently Uploaded

Latest Market Research Articles

Lukman Otunuga

15 January @ 17:35

By Lukman Otunuga, Research Analyst

Sterling jittery ahead of Brexit vote
There was suspense was in the air today as anticipation mounted ahead of the “meaningful vote” on Theresa May’s Brexit deal later this evening. With speculation rife over May’s deal facing defeat in the House of Commons, investors are likely to be more concerned with the margin of loss to...
Hussein Sayed

15 January @ 09:01

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

Equities recover; Brexit vote is the key event of the week
After a sea of red across global equity markets on Monday following weak Chinese export data and disappointing Euro industrial production figures, Asian markets managed to rebound early Tuesday with futures also indicating a positive start to European and U.S. equities. Despite the recovery...
Lukman Otunuga

14 January @ 14:45

By Lukman Otunuga, Research Analyst

Pound quivers ahead of Brexit “meaningful vote”
Sterling entered the trading week firmly gripped by caution as investors brace for a vote tomorrow on British Prime Minister May’s Brexit deal. Although market expectations remain elevated over May’s Brexit deal facing rejection by Members of Parliament, there will be a stronger focus on what...
Scroll Top