Trading Update
17-Sep-13, 9:13am: The Dow is looking a little quiet but GBP/USD is a bit more bullish.

Cable has seen a small pullback but the pro-sterling rally doesn’t look like it has run out of momentum.

Gold is drifting towards support at $1305 and crude oil is trading in the middle of a short-term range.

Here is this morning’s technical update:



Update by Craig Inglis, Head of Product Development,
17-Sep-13, 9:28am: We have had a poor overnight session in Asia and that’s feeding into Europe this morning.

The story continues to be this week’s FOMC meeting:



Update by Ishaq Siddiqi, Market Analyst,
17-Sep-13, 11:56am: Ahead of the upcoming Federal Reserve announcement on tapering, Hannah Slowther takes a look at the week’s key upcoming data releases.



Update by Hannah Slowther,
17-Sep-13, 3:10pm: With tomorrow’s Fed meeting expected to introduce $10 billion of tapering, this trading video discusses the potential impact on the FTSE 100.



Update by Brenda Kelly, Senior Market Strategist,