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The week in 60 seconds | FXTM | 08/07/2019

FXTM Research Analyst, Lukman Otunuga, rounds up all the key market events for this week and pinpoints what traders might look out for ahead, including: • #Markets questioning whether the #Fed will cut interest rates • #Powell set to testify in the week ahead • #Dollar flexes on strong #NFP For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt #ForexNews #MarketNews

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FX Week Ahead: Dollar slides, Pound steady, Euro smiles
Lukman Otunuga

30 November @ 17:31

By Lukman Otunuga, Research Analyst

FX Week Ahead: Dollar slides, Pound steady, Euro smiles
The Dollar has entered the week on the wrong side of the bed, struggling to nurse the nasty hangover from last Friday’s selloff! After securing a weekly close below the 92.00 level, the Dollar Index (DXY) is under intense selling pressure - falling to levels not seen in two and a half years... Read full post
OPEC+ facing hard choices
Hussein Sayed

30 November @ 10:00

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

OPEC+ facing hard choices
Crude oil futures were trading lower Monday morning as market participants closely watched OPEC members and their allies as they began a two-day meeting to discuss their next steps in production policy. Brent and WTI January contracts rallied more than 7% last week and have risen by more than a... Read full post
Cooling Commodity: Brent Oil wary of OPEC+ shock
Han Tan

30 November @ 04:23

By Han Tan, Market Analyst

Cooling Commodity: Brent Oil wary of OPEC+ shock
Oil prices are starting the new week by trimming more of their November gains, amid reports that OPEC+ members are struggling to agree whether or not to delay its planned supply hike in January. The group of major Oil producers held informal talks over the weekend, with no positive breakthrough... Read full post
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