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The week in 60 seconds | FXTM | 28/05/2019

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: • Investors juggle many key market themes • US GDP and China manufacturing PMI in focus • Will Gold push back towards $1300? For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt

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Latest Market Research Articles

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
BOE economic forecasts could sway Sterling
Han Tan

6 August @ 05:18

By Han Tan, Market Analyst

BOE economic forecasts could sway Sterling
GBPUSD is launching an assault on the 1.32 psychological level, having returned to pre-pandemic levels in the wake of the weakening US Dollar. The Pound could react to the Bank of England’s outlook on the UK economy later today, depending on how far it deviates from market expectations. The... Read full post
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