Financial markets started the trading week with a bang as political risk in Europe weighed on sentiment and weakened the Euro. The Dollar remains volatile amid concerns over US tax reforms and expectations of higher US rates in December. In the commodities arena, Oil is turning sensitive ahead of the OPEC meeting on November 30th. Sterling received a slight boost on Tuesday on hopes that the UK government will break the deadlock on Brexit talks.
– The #EURUSD has found itself pressure by political risk in Europe – #GBPUSD bulls look exhausted above 1.3230 – #Gold is turning bearish
For more Market Analysis read the latest @http://fxtm.co/marketupdate-yt
Financial markets started the trading week with a bang as political risk in Europe weighed on sentiment and weakened the Euro. The Dollar remains volatile amid concerns over US tax reforms and expectations of higher US rates in December. In the commodities arena, Oil is turning sensitive ahead of the OPEC meeting on November 30th. Sterling received a slight boost on Tuesday on hopes that the UK government will break the deadlock on Brexit talks.
– The #EURUSD has found itself pressure by political risk in Europe
– #GBPUSD bulls look exhausted above 1.3230
– #Gold is turning bearish
For more Market Analysis read the latest @http://fxtm.co/marketupdate-yt
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