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Risk of UK general election a drag on GBP as gold makes a move

From hantecfx.com

Wall Street closed mixed with gains on the S&P 500 at +0.2% higher to 3010, but the Dow was slightly weaker. US futures are a touch higher again today. However, this has done little to stoke the fires of bullishness in Asia with the Nikkei +0.2% and Shanghai Composite +0.2%. Furthermore, European markets are also looking cautious, with FTSE futures and DAX Futures all but flat. In forex, we are also struggling for direction with all major pairs a handful of pips either side of flat. At least there are signs of life on commodities through (not for gold which is +$1 higher) with silver over a percent ... (full story)

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  • Category: Technical Analysis