Gold remains within choppy conditions and near support, but U.S Crude Oil has continued it short term surge and its ten day trend upwards has not gone unnoticed by speculators in the energy sector.
Category : Analysis
With major speeches on the horizon from ECB President Draghi and Fed Chairman Powell early this week, forex will remain challenging and the U.S Dollar a focal point. Also the Bank of Japan looms on the distant horizon, and Prime Minister May could impact the Pound.
Forex may remain consolidated as investors anticipate the publication of the U.S Federal Reserve’s Meeting Minutes report later. The Pound has traded in range as U.K politicians continue to debate the Brexit in rather unclear manner.