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ECB, Gold and Federal Reserve: The week in 60 seconds | FXTM | 22/07/2019

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: •Market sentiment hit by the FederalReserve's miscommunication •#EuropeanCentralBank meeting in focus •#Gold hovers above $1420 #FederalReserve For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt #ForexNews #MarketNews

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Gold searches for a fresh directional catalyst as bulls defend $1420
Lukman Otunuga

22 July @ 17:53

By Lukman Otunuga, Research Analyst

Gold searches for a fresh directional catalyst as bulls defend $1420
Gold struggled for direction on Monday thanks to a miscommunication about monetary policy from the Federal Reserve last Friday. Confusion over whether the Fed will cut interest rates by 50-basis points or 25-basis points in July has pushed investors to the sidelines. Although Gold prices could...
Market sentiment hit by Fed miscommunication
Hussein Sayed

22 July @ 10:31

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

Market sentiment hit by Fed miscommunication
Equity markets kicked off the week in red on Monday with risk appetite seeming to be hurt by miscommunication from Federal Reserve. The probability of a 50-basis point rate cut by the Federal Reserve rose on Thursday after Federal Reserve Bank of New York President John Williams said the US central...
Gold on track for weekly gain as investors await US rate cut
Lukman Otunuga

19 July @ 17:56

By Lukman Otunuga, Research Analyst

Gold on track for weekly gain as investors await US rate cut
Gold bulls were in full control this week as prices jumped past $1450 for the first time since 2013.   Market expectations over the Federal Reserve cutting interest rates for the first time in over 10 years, Dollar weakness and tensions boosted appetite for Gold this week. With central...
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