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The week in 60 seconds | FXTM | 04/03/2019

Market mood uplifted by optimism over US-China reaching a breakthrough on trade talks. #EuropeanCentralBank scheduled on Thursday with Mario Draghi under the spotlight. Dollars outlook will be influenced by US jobs report on Friday. • US-China trade optimism supports equities across the world • Brexit noise continues to impact the Pound • Will Draghi impact the Euro?

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Pound shoots higher despite Brexit drama; Gold snoozes
Lukman Otunuga

21 October @ 18:52

By Lukman Otunuga, Research Analyst

Pound shoots higher despite Brexit drama; Gold snoozes
The British Pound was in high demand on Monday despite UK lawmakers delaying a crucial Brexit vote over the weekend. Markets were pricing in the best-case scenario in terms of a Brexit deal being passed this week despite the setback on Saturday. However, Speaker John Bercow quashed these... Read full post
Sterling falls from five-month high as Brexit final outcome remains unclear
Hussein Sayed

21 October @ 10:39

By Hussein Sayed, Chief Market Strategist (Gulf & MENA)

Sterling falls from five-month high as Brexit final outcome remains unclear
Sterling traders awaiting a new meaningful vote on Brexit deal ECB expected to hold policy unchanged on Thursday US earnings in focus     Traders across the globe were eagerly anticipating the opening of forex markets this morning and Sterling,  following Saturday’s... Read full post
Pound weakness mitigated by prospects of yet another Brexit “meaningful” vote
Han Tan

21 October @ 05:17

By Han Tan, Market Analyst

Pound weakness mitigated by prospects of yet another Brexit “meaningful” vote
​The Pound is unwinding recent gains versus the US Dollar, dipping below the 1.29 psychological-level before paring loses. This comes in response to UK Prime Minister Boris Johnson’s Brexit deal being blocked in Westminster and a request for a Brexit extension has been submitted to the EU.... Read full post
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