Global stocks were under pressure on Tuesday as investors remained cautious ahead of the Federal Reserve meeting. The Dollar struggled to hold ground against a basket of major currencies while Sterling was bruised by Brexit jitters. In the commodity arena, Gold benefitted from a vulnerable Dollar. The main event risk today will be BoE Mark Carney’s testimony and CB Consumer confidence for the United States.
– The #EURUSD remains bullish on the daily charts – #GBPUSD is currently towards 1.4175 – #Gold bulls are eying $1360
For more Market Analysis read the latest @http://fxtm.co/marketupdate-yt
Global stocks were under pressure on Tuesday as investors remained cautious ahead of the Federal Reserve meeting. The Dollar struggled to hold ground against a basket of major currencies while Sterling was bruised by Brexit jitters. In the commodity arena, Gold benefitted from a vulnerable Dollar. The main event risk today will be BoE Mark Carney’s testimony and CB Consumer confidence for the United States.
– The #EURUSD remains bullish on the daily charts
– #GBPUSD is currently towards 1.4175
– #Gold bulls are eying $1360
For more Market Analysis read the latest @http://fxtm.co/marketupdate-yt
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