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Market mood improves, OPEC meeting delayed & GBPUSD: The week in 60 seconds | FXTM | 06/04/2020

FXTM Senior Research Analyst, Lukman Otunuga, rounds up all the key market events for this week and pinpoints what traders might be looking out for, including: • Confidence returns to markets...but for how long? • Delayed #OPEC meeting in focus • #GBPUSD running out of steam For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt #FinancialMarkets #ForexNews #MarketNews #Investing #StayAtHome #TradeAtHome

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Markets set for full-on Friday
Han Tan

7 August @ 05:28

By Han Tan, Market Analyst

Markets set for full-on Friday
Investors will have a lot to digest today, with several key themes set to play out ahead of the weekend. Risk assets are taking a breather from recent gains, with Asian stocks and currencies mostly in the red, while US equity futures dipping into negative territory at the time of writing. US... Read full post
Loonie catching up; Pound hits 5-month high
Lukman Otunuga

6 August @ 18:52

By Lukman Otunuga, Research Analyst

Loonie catching up; Pound hits 5-month high
CAD had been a laggard compared to the other commodity currencies, but this month has seen it outperform the Kiwi, and it now has the Aussie in its sights. The move higher in Oil is supportive although Crude has failed to push above the 200-day MA. Having broken the June low at 1.3315, USD/CAD... Read full post
Pound gains as BoE holds interest rates
Lukman Otunuga

6 August @ 12:34

By Lukman Otunuga, Research Analyst

Pound gains as BoE holds interest rates
Sterling was the coolest kid on the block on Thursday, appreciating against all G10 currencies after the Bank of England (BoE) left interest rates unchanged at 0.1% and maintained QE at £745 billion. For those who are wondering why the Pound jumped despite this widely expected decision, one... Read full post
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