This week’s financial spread betting update is now available and can be read by clicking here.
The US dollar has continued with recent weakness and may continue to weaken further this week, especially depending on the comments from Wednesday’s 2 day FOMC meeting. The Bank of Japan also meets this week and both meetings are expected to point to the current quantitative easing policies remaining in place but the FOMC meeting in particular can lead to an increase in volatility over the next few days.
So far in today’s trading the Euro has continued to gain against the dollar and commodities have been mixed. Stocks are also marginally higher.
This week’s financial spread betting update begins with:
The past week was a shortened trading week in the US due to the Martin Luther King holiday last Monday and stocks have drifted lower, as has the dollar but commodities have been mixed. The long term trends in these sectors remain as they have for the past several months..
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