FX Tensions Rise
Today’s market analysis on behalf of Michael Brown Senior Research Strategist at Pepperstone
DIGEST – Stocks trod water yesterday though trade in the FX space was choppy amid concern that valuations are the Trump Admin’s next focus. Today, a deluge of US economic data awaits.
WHERE WE STAND – It’s time to talk about currency valuations.
I appreciate that might not sound like the most exciting subject...
Gold Eased As Optimism Dampens Safe-Haven Demand
Today's markets analysis on behalf of Konstantinos Chrysikos Head of Customer Relationship Management at Kudotrade
Gold prices slipped on Wednesday, giving back gains from the previous session, as traders consider geopolitical and trade developments. Trump’s Middle East visit could help reduce geopolitical concerns as he announces lifting sanctions in Syria. Hopes of positive developments in Eastern Europe could also...