Merchants Debate: US-China Commerce Battle, Foreign exchange Forecasts & Extra

Speaking factors on this podcast:

• US/China commerce warfare: What now for EUR/USD?
• GBP/USD’s future because the Brexit dialogue continues
• Is Bitcoin lastly maturing as a market?

This time on Buying and selling International Markets Decoded, our host Martin Essex is joined by DailyFX analysts Nicholas Cawley and David Cottle, based mostly within the UK and Singapore respectively. On the agenda this time: The newest on the US-China commerce warfare and EUR/USD, the outlook for GBP/USD because the Brexit dialogue continues, and perception on a variety of asset lessons, from Crude oil to Bitcoin. You may hearken to this podcast with Nick Cawley and David Cottle by clicking on the hyperlink above or one of many various platforms listed under.

Merchants debate market forecast for foreign exchange, gold, crude oil, Bitcoin

The place is the most-traded pair, EUR/USD headed? Nick says: ‘Decrease for longer. The upside may be very restricted for the Euro as a forex. The one method EUR/USD will go up is that if the US Dollar weakens; I can see no purpose for the Euro to strengthen. All the things factors south.” David agrees: “From a elementary perspective the Euro has all types of difficulties; a riven central financial institution, a brand new, [yet-to-be-established] head of the ECB; there’s at all times an opportunity of some common Greenback weak point suggestions with a Trump presidency and a commerce spat with China.”

Gold has been on a run in the course of the summer season…