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Breaking News: Gold Rose to 4-Month High Amidst US-Iran Confrontation in Iraq

[fa icon="calendar'] January 3, 2020 at 4:22 PM / by Fullerton Markets posted in Breaking News, 2020

The move by the US to launch an airstrike on Baghdad’s airport could be the spark of a major escalation. Gold may retrace slightly back to 1537, finding support before moving higher towards 1553.


Beware of Breakouts Due to Low Liquidity This Week

[fa icon="calendar'] December 30, 2019 at 5:09 PM / by Fullerton Markets posted in Weekly Market Research, 2019

As trading ranges typically expand during the new year week, we expect USD/JPY to move lower from a technical perspective.


Renewed Brexit Uncertainty Could Resurface

[fa icon="calendar'] December 23, 2019 at 1:01 PM / by Fullerton Markets posted in Weekly Market Research, 2019

As UK needs to race for trade deal with EU in next 11 months, short GBP/USD upon any rally.


Sneak Peek: BoE Could Hint Easing in 2020

[fa icon="calendar'] December 19, 2019 at 5:22 PM / by Fullerton Markets posted in Sneak Peek, 2019

While no changes in rates tonight, Bank of England (BoE) may hint a possible easing in 2020 due to tepid inflation. GBP/USD could fall lower.


How Far Can GBP Rise?

[fa icon="calendar'] December 16, 2019 at 2:53 PM / by Fullerton Markets posted in Weekly Market Research, 2019

As the UK still has no trade deal with the EU post-Brexit, this is likely to improve risk appetite for GBP/USD only for a short period of time.