Risk warning: Trading CFDs is risky and can result in the loss of your invested capital. Please ensure that you understand the risks involved and do not invest more than you can afford to lose. Read full Risk Disclosure. FT Global Ltd is regulated by the IFSC.
Risk warning: Your capital is at risk. It is possible to lose more than you invest.

FXTM Forex Market Update | 18/05/2017

The brewing political uncertainty in Washington has sparked concerns over Donald Trump’s ability to move forward with his proposed pro-growth policies. This sense unease continues to accelerate the flight to safety while punishing global stocks. Sellers have even exploited the uncertainty to pressure the Greenback while Gold is back in bid. Investors will direct their attention towards the retail sales report in the UK which should provide some insight to how consumers have been impacted by Brexit. Risk aversion may become a dominant theme as the Trump developments take center stage. - #The EURUSD currently trades around 6 months highs - #GBPUSD bulls are eying the 1.3000 resistance - Risk aversion is slowly turning #Gold bullish on the daily charts For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt

Recently Uploaded

Latest Market Research Articles

Alex Gurr
17 August @ 02:40 By Alex Gurr, Guest Analyst
US politics continue to drive volatility
US political turmoil has been a massive driver for market movements as of late, and even US data has been getting a second look over the current Trump administration antics. Comments from the Trump administration and the closing of the manufacturing council today have once again cast a rather dark...
16 August @ 15:48 By Jameel Ahmad, VP of Corporate Development & Chief Market Analyst
Pound trying to hold steady after steep decline
The British Pound is trying to steady its stance at 1.28, after stronger than expected UK wage growth figures spared it from further losses, following a heavy decline noted in the latest inflation figures that were released yesterday. Once the results of the UK jobs report are absorbed by the...
Hussein Sayed
16 August @ 10:12 By Hussein Sayed, Chief Market Strategist (Gulf & MENA)
One set of data not enough to boost bullish dollar bets
Developments in the last 48 hours have finally given dollar bulls much-needed motivation to send the greenback higher. It started on Monday, with upbeat comments from New York Fed President Bill Dudley, who opposed his colleagues’ beliefs – by saying that he would favor a third rate...