Investors have charged into the final trading quarter of 2017 with as risk-on attitude as world stocks hit record highs on Monday. Optimism over Trump moving forward with his tax reforms and confidence over the US economy has both supported the Dollar. The Euro remains pressured by political uncertainty while Sterling continues to be punished by Brexit woes. Gold was under pressure on Tuesday and may be poised for further declines as expectations heighten over higher US rates.
– The #Euro remains gripped by political uncertainty – #Sterling/#Dollar is pressured below 1.3300 – #Gold bears are eyeing $1267 and lower
For more Market Analysis read the latest @http://fxtm.co/marketupdate-yt
Investors have charged into the final trading quarter of 2017 with as risk-on attitude as world stocks hit record highs on Monday. Optimism over Trump moving forward with his tax reforms and confidence over the US economy has both supported the Dollar. The Euro remains pressured by political uncertainty while Sterling continues to be punished by Brexit woes. Gold was under pressure on Tuesday and may be poised for further declines as expectations heighten over higher US rates.
– The #Euro remains gripped by political uncertainty
– #Sterling/#Dollar is pressured below 1.3300
– #Gold bears are eyeing $1267 and lower
For more Market Analysis read the latest @http://fxtm.co/marketupdate-yt
Related Posts: