Ian Morley – Page 42 – Total Currency Exchange

Markets are in a holding pattern ahead of key central bank decisions this week.

The Pound remains under pressure following weak UK GDP data, while the Euro is struggling due to rising US-EU trade tensions.

The Pound rebounded against the Euro, recovering above 1.19, while GBP/USD remains near recent highs.

Today’s market action is likely to be driven by the US inflation report, with traders looking for signals on the Fed’s future policy direction.

Markets remain focused on US economic data, with inflation figures due this week set to drive sentiment.

The US Dollar remains under pressure following disappointing economic data and growing concerns over Trump’s trade policies.

1 … 41 42 43 … 90

Author: Ian Morley