Investors were on edge while markets remained on standby ahead of a trio of risk high-risk events which could create explosive levels of volatility across the board. Investors will direct their attention towards the ECB press conference this afternoon which may rock the Euro, while former FBI directed James Comey’s testimony should impact the Greenback. In the UK it’s all about the UK General election with the exit poll results this evening determining where Sterling trades. In the commodity arena, WTI Crude found itself vulnerable to heavy losses after an unexpected increase in U.S Crude oil inventories fueled the oversupply concerns. • The EURUSD is heavily bullish on the daily charts with buyers targeting 1.13 • GBPUSD is on standby ahead of the UK poll results this evening • USDJPY remains under pressure on the daily charts
Investors were on edge while markets remained on standby ahead of a trio of risk high-risk events which could create explosive levels of volatility across the board. Investors will direct their attention towards the ECB press conference this afternoon which may rock the Euro, while former FBI directed James Comey’s testimony should impact the Greenback. In the UK it’s all about the UK General election with the exit poll results this evening determining where Sterling trades. In the commodity arena, WTI Crude found itself vulnerable to heavy losses after an unexpected increase in U.S Crude oil inventories fueled the oversupply concerns.
• The EURUSD is heavily bullish on the daily charts with buyers targeting 1.13
• GBPUSD is on standby ahead of the UK poll results this evening
• USDJPY remains under pressure on the daily charts