A sense of anticipation can be felt across financial markets ahead of the ECB meeting. Markets are widely expecting the central bank to announce the reduction of its monthly bond purchases. Sterling slightly dipped on Thursday after government reports showed retail sales dropped to its lowest level in 8 years. The Dollar remains support by speculations revolving around the new Fed head. Gold has found resistance at $1280.
– #The EURUSD is edging towards $1730 – #GBPUSD is struggling to keep above 1.3230 – #Gold bears are eying $1267
A sense of anticipation can be felt across financial markets ahead of the ECB meeting. Markets are widely expecting the central bank to announce the reduction of its monthly bond purchases. Sterling slightly dipped on Thursday after government reports showed retail sales dropped to its lowest level in 8 years. The Dollar remains support by speculations revolving around the new Fed head. Gold has found resistance at $1280.
– #The EURUSD is edging towards $1730
– #GBPUSD is struggling to keep above 1.3230
– #Gold bears are eying $1267
For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt
Related Posts: