Financial markets have commenced the New Year on a positive note with global stocks hitting record highs. In the currency arena, the Dollar remains under pressure amid low inflation concerns. A weak Dollar has supported Gold which ventured to its highest level in over three months. WTI Crude has jumped to its highest level in two and a half years amid ongoing tensions in Iran.
• The #EURUSD bulls remain in control above 1.200 • #GBPUSD could hit 1.3600 amid Dollar weakness • #Gold bulls are eying $1320
For more Market Analysis read the latest @http://fxtm.co/marketupdate-yt
Financial markets have commenced the New Year on a positive note with global stocks hitting record highs. In the currency arena, the Dollar remains under pressure amid low inflation concerns. A weak Dollar has supported Gold which ventured to its highest level in over three months. WTI Crude has jumped to its highest level in two and a half years amid ongoing tensions in Iran.
• The #EURUSD bulls remain in control above 1.200
• #GBPUSD could hit 1.3600 amid Dollar weakness
• #Gold bulls are eying $1320
For more Market Analysis read the latest @http://fxtm.co/marketupdate-yt
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