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The week in 60 seconds | FXTM | 04/02/2019

FXTM Research Analyst, Lukman Otunuga, rounds up all the key market events for this week, and pinpoints what traders should look out for ahead, including: • Investors to keep a close eye on US-China trade talks • Bank of England meeting expected to leave interest rates unchanged • Will the GBPUSD surprise the markets this week? For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt

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Pound weeps as political clouds gather, Gold bulls disappoint
Lukman Otunuga

22 May @ 15:00

By Lukman Otunuga, Research Analyst

Pound weeps as political clouds gather, Gold bulls disappoint
Today was a sad day for the British Pound which depreciated against every single G10 currency. The toxic mixture of political drama in Westminster and rising uncertainty over Brexit have created a recipe for disaster and chaos for the British Pound. With appetite for the currency clearly...
GBPUSD eyes 2019 low; more bad news for Sterling as EURGBP stretches above 0.88
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22 May @ 11:55

By Jameel Ahmad, Global Head of Currency Strategy and Market Research at FXTM

GBPUSD eyes 2019 low; more bad news for Sterling as EURGBP stretches above 0.88
Backlash - that would be the word used to sum up the investor reaction from the latest attempt by UK Prime Minister Theresa May to push forward her Brexit deal. In a measure that can be conceived as an act of desperation to get her Brexit deal over the line, Theresa May will attempt for a fourth...
Pound knocked below 1.27 as Brexit fears mount
Lukman Otunuga

21 May @ 12:22

By Lukman Otunuga, Research Analyst

Pound knocked below 1.27 as Brexit fears mount
The British Pound descended deeper into the abyss this morning with prices falling below $1.27 for the first time since January 2019 as uncertainty over Brexit dented investor sentiment. Rising concerns over the UK crashing out of the European Union without any kind of transition deal coupled...
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