In forex today, constrained volumes continue to plague the Asia-Pacific market session, and broader assets continue to lean increasingly into the bearish camp while the US Dollar enjoys a continued bounce against the majority of G10 currencies. Dollars up on Fed A hawkish US Federal Reserve, which sees at least five more rate hikes from now until the end of 2019, is propping up the Greenback across the broader markets, sending traders piling into the US Dollar at the expense of everything else. Dollar action continues to be the main driver with China on extended holidays, and volume-constrained markets sent everything lower against the USD. The Aussie saw better-than-expected Trade Balance figures for August, but still couldn’t get wheels underneath itself in time to avoid setting a new low for 2018. EUR/USD: Below 61.8% Fib retracement after 6 days of straight losses, but not oversold The current Euro sell-off is seeing more room to run, with European bond yield differentials continuing to widen as traders balk at Italian headlines. GBP/USD grappling to stay above 1.29 as US NFP Friday looms ahead The UK sees a very quiet market session ahead, and there is little else for Sterling traders to do but brace for further Brexit headlines, though little progress has yet to materialize as all sides bicker and throw barbs at each other, and broader markets will be buckling down for another hectic US NFP Friday to cap off a volume-tight week. Key notes from the Asian session Fed to hike five more times to the end of 2019 – Goldman Sachs Australia logged a bigger-than-expected trade surplus in August GBP/USD: value of GBP puts (bearish bets) has hit highest since June 2017 FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD hit fresh 32-month low of 0.7079 FX Street 4 years In forex today, constrained volumes continue to plague the Asia-Pacific market session, and broader assets continue to lean increasingly into the bearish camp while the US Dollar enjoys a continued bounce against the majority of G10 currencies. Dollars up on Fed A hawkish US Federal Reserve, which sees at least five more rate hikes from now until the end of 2019, is propping up the Greenback across the broader markets, sending traders piling into the US Dollar at the expense of everything else. Dollar action continues to be the main driver with China on extended holidays, and volume-constrained markets sent… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
