Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

FXTM Forex Market Update | 17/07/2018

Stocks markets were mostly mixed while the Dollar dipped ahead of Federal Reserve Chairman Jerome Powell’s Congressional testimony. The Pound weakened despite the UK jobs report meeting market expectations while Gold remained pressured. Although global trade developments remain a dominant market theme, investors will direct most of their attention towards Powell. The Dollar has scope to appreciate if the central bank head adopts a hawkish stance during his testimony. • The #GBPUSD remains pressured below 1.3190 on the daily charts • #Gold could depreciate towards $1230 if $1240 is breached. For more Market Analysis read the latest @http://fxtm.co/marketupdate-yt

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