Stock markets are mostly mixed as trade war fears ease, but sentiment remains cautious. The Dollar has rallied to a fresh yearly high following hawkish comments from Fed Chair Jerome Powell. Gold remains pressured by a stronger Dollar while Oil continues to wobble ahead of Friday’s OPEC meeting. Much attention will be directed towards the Bank of England policy meeting which is expected to conclude with monetary policy left unchanged.
– The #EURUSD is heavily bearish with prices trading closer towards 1.1150 – #GBPUSD bears are eyeing 1.3100 – #Gold has tumbled to a 6 month low.
Stock markets are mostly mixed as trade war fears ease, but sentiment remains cautious. The Dollar has rallied to a fresh yearly high following hawkish comments from Fed Chair Jerome Powell. Gold remains pressured by a stronger Dollar while Oil continues to wobble ahead of Friday’s OPEC meeting. Much attention will be directed towards the Bank of England policy meeting which is expected to conclude with monetary policy left unchanged.
– The #EURUSD is heavily bearish with prices trading closer towards 1.1150
– #GBPUSD bears are eyeing 1.3100
– #Gold has tumbled to a 6 month low.
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