Risk warning: Trading CFDs is risky and can result in the loss of your invested capital. Please ensure that you understand the risks involved and do not invest more than you can afford to lose. Read full Risk Disclosure. ForexTime Ltd is regulated by CySEC under license No. 185/12.
Risk warning: Your capital is at risk. We cover you with negative balance protection.
Your capital is at risk. We cover you with negative balance protection.

FXTM Forex Market Update | 19/10/2017

The Euro was surprisingly resilient during Thursday’s trading session, despite reports of Spain proceeding with suspending Catalonia’s political autonomy on Saturday. Sterling was under pressure after retail sales disappointed in September. WTI bulls displayed early signs of exhaustion as prices dipped towards $51. With the Dollar weakening, gold bulls were inspired to send the metal back towards $1285. With the economic calendar light today, the developments in Catalonia will be in sharp focus. - #EURUSD is edging towards 1.1850 - #GBPUSD is challenging 1.3150 - #Gold remains pressured below $1300 For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt

Recently Uploaded

Latest Market Research Articles

20 November @ 15:27 By Lukman Otunuga, Research Analyst
Gold slips as Dollar firms, USDJPY under pressure
Gold concluded last week with style, as prices punched to monthly high above $1295 amid a vulnerable US Dollar. Lingering uncertainty over US tax reforms has bruised the Greenback, while reports that U.S Special Counsel Robert Mueller had subpoenaed Donald Trump’s election campaign rubbed...
20 November @ 10:20 By Lukman Otunuga, Research Analyst
The week ahead: Central bankers, Euro and UK GDP in focus
Asian shares were depressed on Monday morning, as investors remained guarded amid lingering concerns over U.S. tax reforms. The caution from Asia is likely to rollover into European markets which are currently tussling with renewed political uncertainty, after German Chancellor Angela Merkel...
17 November @ 15:35 By Lukman Otunuga, Research Analyst
Bitcoin flexes while Dollar weakens
I find it remarkable and somewhat frightening how, no matter how much Bitcoin is pummeled by sellers, it simply bounces back even stronger. The most talked about cryptocurrency marched to a record high above $8000 on Friday, just five days after it sharply tumbled 29%. Bulls are always hungry...