Forex Market Outlook 26 April 2019

Market Outlook Commentary – 26 April 2019

Did you know that The Forex or FX Market derives its name from Foreign Exchange. It is essentially the exchange of currency (money) between two different countries. The FX market is the largest financial market in the world, and is open 24 hours per day, 5 days per week. BlackStone Futures provide a User Friendly trading environment in YOUR journey to Profitability on:

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Today's Market Fundamentals

The Japanese central bank reiterated yesterday that they wold not even contemplate raising rates until spring 2020 which is in line with what other central banks are echoing leading into an expected global slowdown – the Japanese go into a 10 day holiday now so expect liquidity to be reduced until then. North Korea continues to try and mend relations as Kim met with Putin yesterday where both parties discussed bilateral ties as well as the Korean peninsula situation.

It’s hard to believe that its coming up to US election season again as Joe Biden announced his decision to run for the Democratic seat. One would assume that he would be the top Democrat candidate next year – he has challenged before and almost won in 2008 – Trump has changed the face of politics since then and so let’s all hope he is up for a dog fight.

Today's Market Trading Levels

1. Brent SELL 75.00 – 75.25

2. GBPUSD BUY 1.2880 – 1.2850

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