Sterling stumbled into March on a shaky footing thanks to renewed Brexit jitters. The Dollar extended gains against a basket of currencies amid heightened US rate hike expectations. In the commodities arena, Gold depreciated while Oil slipped lower. With Dollar bulls back in town, the #EURUSD, #GBPUSD and #Gold could be exposed to further losses moving forward.
Sterling stumbled into March on a shaky footing thanks to renewed Brexit jitters. The Dollar extended gains against a basket of currencies amid heightened US rate hike expectations. In the commodities arena, Gold depreciated while Oil slipped lower. With Dollar bulls back in town, the #EURUSD, #GBPUSD and #Gold could be exposed to further losses moving forward.
For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt
Related Posts: