FXTM Forex Market Update | 03/05/2016
May 3, 2016 10:08 amVideo
Latest News
- Weekly Technical Outlook – USDJPY, EURUSD, USDCAD June 3, 2024
- Technical Analysis – USDJPY battles with 50-SMA June 3, 2024
- Bank of Canada edges closer to rate cut but will it be in June? – Preview June 3, 2024
- EUR/USD and GBP/USD: Technical analysis on June 3 June 3, 2024
- Market Comment – Steady start as markets digest data ahead of rate decisions and NFP June 3, 2024
- ECB to make the first move – Preview June 3, 2024
- USD/JPY: trading tips for beginners for European session on June 3 June 3, 2024
- GBP/USD: trading tips for beginners for European session on June 3 June 3, 2024
- EUR/USD: trading tips for beginners for European session on June 3 June 3, 2024
- Technical Analysis – EURCHF declines sharply from 14-month high June 3, 2024
- Technical Analysis – Gold on a slippery slope June 3, 2024
- Trading plan for GBP/USD on June 3. Simple tips for beginners June 3, 2024
- Trading plan for EUR/USD on June 3. Simple tips for beginners June 3, 2024
- Technical Analysis – EURUSD neutral in short-term but still bullish in medium-term June 3, 2024
- Wall Street Warning Signs: Dow Transportation Stocks, Treasuries Fall June 3, 2024
- Forecast for EUR/USD on June 3, 2024 June 3, 2024
- Forecast for GBP/USD on June 3, 2024 June 3, 2024
- Forecast for AUD/USD on June 3, 2024 June 3, 2024
- Technical Analysis of Intraday Price Movement of USD/JPY Main Currency Pairs, Monday June 03 2024. June 3, 2024
- Technical Analysis of Intraday Price Movement of GBP/USD Main Currency Pairs, Monday June 03 2024. June 3, 2024
The fading expectations over the Federal Reserve raising US rates in Q2 has offered an opportunity for bearish investors to send the Dollar Index to fresh 9 month lows below 92.00. Yen bulls continue to dominate following the disappointment from the BoJ in implementing further monetary policy measures to stabilize its economy. As concerns elevate over the health of the global economy, investors have flocked to the safe haven Gold. Crude oil remains fundamentally bearish with prices sinking towards $44.
-The EURUSD is bullish and prices could incline towards 1.160
-The GBPUSD could be running out of steam below 1.4800
-WTI still remains bearish with $40 looking like a possibility.
For more Market Analytics read the latest @ http://fxtm.co/marketupdate-yt
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