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The week in 60 seconds | FXTM

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: • China's economy at its slowest growth rate in almost three decades • Theresa May's Brexit "Plan B" • #US-China trade developments, #Brexit and the #USgovernmentshutdown • #ECB meeting on Thursday For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt #TheWeekin60Seconds

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Asian currencies and Gold pounce on Fed’s easing bias
Han Tan

20 June @ 05:10

By Han Tan, Market Analyst

Asian currencies and Gold pounce on Fed’s easing bias
Asian currencies are now climbing higher after the Dollar index (DXY) fell below the psychological 97 mark during the Asian session, as the Federal Reserve confirmed market expectations and ditched its patient stance on US interest rates. North Asian currencies such as the South Korean Won and the...
Investors sell USD following Fed decision
Jameel Ahmad

19 June @ 22:35

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

Investors sell USD following Fed decision
As expected, the Federal Reserve did not cut US interest rates this month. However, the market reaction and accompanying USD movements in FX markets following the decision suggests that the stage is now set for interest rate cuts in the United States over the coming months. Investors are jumping...
Dollar resilience being tested in lead up to Fed decision
Han Tan

19 June @ 16:15

By Han Tan, Market Analyst

Dollar resilience being tested in lead up to Fed decision
The Dollar index appears to be carving a path back down towards the psychological 97 handle, having been in a holding pattern in the hours leading up to the Federal Reserve’s policy announcement. The US central bank is expected to keep interest rates unchanged this week, while expressing a more...
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