A sense of caution lingered across the markets on Tuesday with Asian and European equities mixed ahead of the FOMC statement this week. OPEC and Non-OPEC members offered oil markets a lifeline on Monday after they displayed optimism over the current production cut deal. The Greenback remains pressured by the political drama in Washington while Sterling is struggling to keep above 1.3000. With investors adopting a cautious approach ahead of an incredibly busy week, safe-haven assets such as Gold remain supported.
– The #EURUSD is edging closer towards 1.1650 – #GBPUSD has broken above 1.3000 – #Gold bulls seem to be eyeing $1260
For more Market Analysis read the latest @http://fxtm.co/marketupdate-yt
A sense of caution lingered across the markets on Tuesday with Asian and European equities mixed ahead of the FOMC statement this week. OPEC and Non-OPEC members offered oil markets a lifeline on Monday after they displayed optimism over the current production cut deal. The Greenback remains pressured by the political drama in Washington while Sterling is struggling to keep above 1.3000. With investors adopting a cautious approach ahead of an incredibly busy week, safe-haven assets such as Gold remain supported.
– The #EURUSD is edging closer towards 1.1650
– #GBPUSD has broken above 1.3000
– #Gold bulls seem to be eyeing $1260
For more Market Analysis read the latest @http://fxtm.co/marketupdate-yt
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