Risk warning: Trading is risky. Your capital is at risk. Exinity Limited is regulated by FSC (Mauritius).
Risk warning: Trading is risky. Your capital is at risk. Exinity Limited is regulated by FSC (Mauritius).

FXTM Forex Market Update | 19/07/2018

Stock markets drifted lower as trade tensions weighed on market sentiment. The Dollar was king across currency markets thanks to US rate hike expectations. In the commodity arena, Oil depreciated while Gold tumbled to a fresh yearly low. The Pound weakened sharply after UK Retail sales heavily disappointed in June. - The #EURUSD remains pressured by monetary policy divergence - #GBPUSD has tumbled to a 10-month low - #Gold bears are eying $1200 For more Market Analysis read the latest @http://fxtm.co/marketupdate-fb

Recently Uploaded

Latest Market Research Articles

US-China trade truce spurs risk appetite; cautious optimism still warranted
Han Tan

14 October @ 05:18

By Han Tan, Market Analyst

US-China trade truce spurs risk appetite; cautious optimism still warranted
Asian stocks and currencies are gaining as risk-on sentiment courses through the markets following the US-China trade truce that was reached prior to the weekend. The increased risk appetite has dampened safe haven assets: Gold has shed about 1 percent to fall below $1490 since the trade truce was... Read full post
Pound soars as UK, EU on verge of entering detailed Brexit talks
Han Tan

11 October @ 16:25

By Han Tan, Market Analyst

Pound soars as UK, EU on verge of entering detailed Brexit talks
The Pound has breached the 1.26 level against the US Dollar for the first time since early-July, and is set for its best two days since 2009. GBPUSD extended Thursday’s gains on hopes that a Brexit deal is becoming increasingly likely. According the media reports, the EU’s chief negotiator,... Read full post
Asian stocks, currencies gain as investor optimism grows over US-China trade deal
Han Tan

11 October @ 05:04

By Han Tan, Market Analyst

Asian stocks, currencies gain as investor optimism grows over US-China trade deal
Asian stocks and currencies are gaining as investors grow increasingly hopeful that the US and China can reach a trade deal on Friday. There’s a clear risk-on mood in the markets at the expense of safe haven assets, as Gold trades below $1500, yields on 10-year US Treasuries breach 1.65 percent,... Read full post
Scroll Top