Dollar bulls were unleashed on Wednesday following the hawkish FOMC meeting minutes for September which reinforced expectations over the Fed raising US interest rates in 2016. The Sterling was pressured this week with the GBPUSD crashing to levels not seen in a generation as the Hard #Brexit jitters enticed sellers to attack. WTI Crude displayed a remarkable rebound on OPEC freeze deal hopes while Gold currently hovers above 4-month lows amid a resurgent Dollar. • The #EURUSD is heavily pressured and a break below 1.100 could open a path towards 1.090 • #Sterling bears eye 1.2000 on the #GBPUSD • #Gold hovers above 4 month lows around $1258
Dollar bulls were unleashed on Wednesday following the hawkish FOMC meeting minutes for September which reinforced expectations over the Fed raising US interest rates in 2016. The Sterling was pressured this week with the GBPUSD crashing to levels not seen in a generation as the Hard #Brexit jitters enticed sellers to attack. WTI Crude displayed a remarkable rebound on OPEC freeze deal hopes while Gold currently hovers above 4-month lows amid a resurgent Dollar.
• The #EURUSD is heavily pressured and a break below 1.100 could open a path towards 1.090
• #Sterling bears eye 1.2000 on the #GBPUSD
• #Gold hovers above 4 month lows around $1258
For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt
Related Posts: