Tiptv Business

Oanda Senior Market Analyst Craig Erlam talks about a potential for a drop in gold to $1180 levels in the short-term, given the heightened odds of faster Fed rate hikes and the resulting strong US dollar. The geopolitical uncertainty appears to have taken a backseat now. What’s driving the GBP / USD lower? - Is it Fed rate hike talk or UK data deterioration? Watch Erlam dissect the price action in the GBP/USD. Also discussed is the outlook for USD/JPY. #Gold, #commodities, #preciousmetals, #trading, #UK, #USD, #GBP/USD, #USD/JPY, #forex, #currencies, #macro, #fundamentals, #technicals, #markets, #trading