Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
ForexTime Ltd (www.forextime.com/eu) does not provide services to retail clients. Stock markets drifted lower as trade tensions weighed on market sentiment. The Dollar was king across currency markets thanks to US rate hike expectations. In the commodity arena, Oil depreciated while Gold tumbled to a fresh yearly low. The Pound weakened sharply after UK Retail sales heavily disappointed in June.
- The #EURUSD remains pressured by monetary policy divergence
- #GBPUSD has tumbled to a 10-month low
- #Gold bears are eying $1200
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FXTM Forex Market Update | 19/07/2018
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