Trading Update |
10-Apr-14, 9:17am: Dollar Comes Under Pressure After Fed MinutesWith the FOMC minutes reducing expectations of a rate hike, the dollar is seeing some weakness against the euro, sterling and the yen. |
10-Apr-14, 9:17am: Falling Rate Hike Concerns Boosts IndicesEuropean stock markets are set to rally following the latest FOMC minutes. |
10-Apr-14, 4:26pm: What Does the Latest OPEC Report Mean for Brent Crude? Brent crude oil may come under some pressure as OPEC has cut demand forecasts for 2014, with slowing growth in China and higher production of WTI crude from the US. Having said that, a triangle formation on the charts may suggest some short-term strength, although the direction of a breakout remains uncertain. |