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FXTM Forex Market Update | 21/11/2017

Financial markets started the trading week with a bang as political risk in Europe weighed on sentiment and weakened the Euro. The Dollar remains volatile amid concerns over US tax reforms and expectations of higher US rates in December. In the commodities arena, Oil is turning sensitive ahead of the OPEC meeting on November 30th. Sterling received a slight boost on Tuesday on hopes that the UK government will break the deadlock on Brexit talks. - The #EURUSD has found itself pressure by political risk in Europe - #GBPUSD bulls look exhausted above 1.3230 - #Gold is turning bearish For more Market Analysis read the latest @http://fxtm.co/marketupdate-yt

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Alex Gurr
19 February @ 22:49 By Alex Gurr, Guest Analyst
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The Yen has been one of the most aggressive movers from the previous week and markets are looking a little uncertain heading in to this week. As the USD continued to show weakness markets were quick to jump into the safety of the Yen as it continues to remain a favourite for safe haven traders,...
19 February @ 15:42 By Lukman Otunuga, Research Analyst
Euro shaky, Sterling snoozes while Gold slips
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19 February @ 08:38 By Hussein Sayed, Chief Market Strategist (Gulf & MENA)
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