The market reaction was fairly muted following June’s mildly hawkish FOMC meeting minutes. There was a visible divide on the central bank should unwind its mammoth balance sheet. Thursday’s potential market shaker could be the ECB meeting minutes which may dish out a hawkish twist. WTI Crude remains pressured by the oversupply concerns while Gold currently trades below the $1240 resistance.
– The #EURUSD remains supported above 1.1300 – #GBPUSD bears are eyeing 1.2850 – #WTI Crude remains bearish on the daily charts
The market reaction was fairly muted following June’s mildly hawkish FOMC meeting minutes. There was a visible divide on the central bank should unwind its mammoth balance sheet. Thursday’s potential market shaker could be the ECB meeting minutes which may dish out a hawkish twist. WTI Crude remains pressured by the oversupply concerns while Gold currently trades below the $1240 resistance.
– The #EURUSD remains supported above 1.1300
– #GBPUSD bears are eyeing 1.2850
– #WTI Crude remains bearish on the daily charts
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