Market analysis

Dec 11, 2019

While other majors struggle to hold on to gains, the USD is observed jumping in and out of gains. Even though the FOMC, is expected to hold the rates at current levels, the greenback was caught extending gains vs. the EUR, GBP, AUD, JPY while, commodities such as; Oil prices were pinned between 58.84 - 59.17 with a bearish outlook ahead of the weekly crude oil and gasoline inventories report.

Dec 10, 2019

The USD flies solo ahead of the Fed Rate Decision set for Wednesday, December 11th. The FOMC is expected to stand pat on it decision not cut or hike rates any further for the time being.

Dec 06, 2019

As traders prepare to sign off, for the weekend. The NFP due for release during the EU afternoon trading session drives the market. in the late Asian and early EU session spread-betters were noted hedging positions and taking advantage of both the USD ‘s and Oil’s climb.

Dec 05, 2019

Traders were observed readily to take advantage of the day's events. The EU area will be releasing its (GDP) Gross Domestic Product. Along with the findings from EU Finance Ministers meeting, the Eurogroup meetings with former IMF Chair Christine Lagarde as head of the ECB. European Central Bank.

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