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Today's Market Fundamentals
The US Dollar resumed the week where it left last week – very much on the front foot. Despite there being very little headlines, it would seem as though the trade talks remain to be the dominant theme in the market.
It is though that both the EU and UK Brexit negotiators had a constructive talk yesterday and that perhaps we will have some form of progression in the coming weeks – the UK don’t believe there will be any meaningful parliamentary vote this week though.
It all seems eerily quiet considering the start to the year that we have had, I am not convinced by this risk on notion just yet and am silently wondering if this is merely a bounce after a deep move. I am going to remain cautious ahead of some choppy times. For now though – the dollar is king once again.
Today's Market Trading Levels
- EURUSD BUY 1275 – 1.1250
- US30 SELL 25350 – 25500
- US500 SELL 2740 – 2750
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