Risk warning: FT Global Ltd is regulated by the IFSC.
Risk warning: Your capital is at risk.

FXTM Forex Market Update | 31/07/2018

Global markets were mostly mixed as investors adopted a guarded approach ahead of the Federal Reserve policy meeting. The caution can be reflected across currency markets with the Dollar struggling for direction. In the commodity arena, Gold remains pressured mostly due to US rate hike expectations. With the economic calendar fairly light today following the BoJ meeting, price action may dictate where currencies and commodities trade towards. • The #GBPUSD needs to breach 1.3084 for further downside • #Gold bears are eyeing $1213 For more Market Analysis read the latest @ http://fxtm.co/marketupdate-yt

Recently Uploaded

Latest Market Research Articles

17 August @ 10:15

By Lukman Otunuga, Research Analyst

Sentiment supported by trade talk hopes, Gold stabilizes
A sense of relief was felt across financial markets following the news that Beijing will resume trade talks with Washington next week.  Although the chances of a breakthrough deal from  lower-level talks are seen as unlikely, the meeting could be a positive step towards easing trade...
Alex Gurr

17 August @ 02:12

By Alex Gurr, Guest Analyst

AUD in focus after labour figures; S&P continues to look bullish
The Australian dollar saw some reprieve from markets today as the USD saw some selling-off. This flew in the face of economic data on the surface though which showed that the Australian economy is under pressure at present as employment was negative at -3k for the previous month. On top of this,...
Hussein Sayed

16 August @ 09:38

By Hussein Sayed, Chief Market Strategist (Gulf & MENA)

Greenback falls on trade talks; Sterling under the spotlight
The Dollar Index retreated from its 2018 peak of 96.98 following news that China will resume trade talks with the U.S. later this month. The news allowed the Yuan and other emerging market currencies to rally after a steep selloff led by the Turkish crisis and ongoing trade tensions. However, most...