Currency markets were slightly subdued this week with major pairs trading in a wide range as investors awaited the next macro release. Stocks oscillated between losses and gains as the conflicting combination of oil price volatility and rising earnings left investors on edge. Sterling remains pressured by the hard Brexit fears while Oil stumbled after optimism waned over OPEC securing a freeze deal in November.
• #EURUSD remains under pressure below 1.1000 • The #GBPUSD bears are attempting to break below 1.2200 • #USDJPY could breach 105.00 • #Gold struggles to keep above $1260
Currency markets were slightly subdued this week with major pairs trading in a wide range as investors awaited the next macro release. Stocks oscillated between losses and gains as the conflicting combination of oil price volatility and rising earnings left investors on edge. Sterling remains pressured by the hard Brexit fears while Oil stumbled after optimism waned over OPEC securing a freeze deal in November.
• #EURUSD remains under pressure below 1.1000
• The #GBPUSD bears are attempting to break below 1.2200
• #USDJPY could breach 105.00
• #Gold struggles to keep above $1260
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