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Monday, 19 June 2017

FX markets are directionless; trade Brexit sound bites - TeraFX: Tip TV Finance

Published on 19 Jun 2017
“At the moment, FX markets are directionless”, says Steve Woodcock, Head of Risk Management at TeraFX while shares his outlook on the FX pairs. Woodcock sees Sterling being more responsive to Brexit sound bites in the short run. “Whether the Brexit talks are going well or going bad - that sort of thing will move the Pound”, he adds.

Key quote - Dollar will eventually turn higher as the Fed is tightening faster than expected

Tip TV Finance is a daily finance show based in Belgravia, London. Tip TV Finance prides itself on being able to attract the very highest quality guests on the show to talk markets, economics, trading and investing, keeping our audience informed via insightful and actionable infotainment.

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