A new 7 minute forex analysis video ahead of Friday’s non-farm Payrolls.
- GBP/USD has seen a very large sell-off on the back of a statement from the new Governor of the Bank of England, Mark Carney.
- EUR/USD has also seen a large sell-off after ECB President, Mario Draghi, confirmed that euro zone interest rates would be kept at current record lows (or lower) for an ‘extended period’.
- And…a quick look at gold where CMC clients are 78% long of the metal.
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Video content by Michael Hewson of CMC Markets.
Content provided by CMC Markets. CMC Markets UK plc and CMC Spreadbet plc are authorised and regulated by the Financial Services Authority in the UK, registered offices, 133 Houndsditch, London, EC3A 7BX.