Financial markets were caught off guard on Wednesday after the Federal Reserve dished out a hawkish surprise.Although the central bank remains optimistic over the health of the US economy, the soft domestic data illustrates a different picture.Much attention will be directed towards the pending BoE meeting which markets expect to conclude with rates left unchanged. Commodities remain pressured with gold struggling to keep above $1260.
– The #GBPUSD remains pressured below 1.2775 – #EURUSD bulls need push prices above 1.1300 – #WTI Crude has breached $45
Financial markets were caught off guard on Wednesday after the Federal Reserve dished out a hawkish surprise.Although the central bank remains optimistic over the health of the US economy, the soft domestic data illustrates a different picture.Much attention will be directed towards the pending BoE meeting which markets expect to conclude with rates left unchanged. Commodities remain pressured with gold struggling to keep above $1260.
– The #GBPUSD remains pressured below 1.2775
– #EURUSD bulls need push prices above 1.1300
– #WTI Crude has breached $45
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