Live FX Market Analysis – 4 December 2017 (Video)

Senior Market Analyst Craig Erlam previews the upcoming week in the financial markets, covering the major political stories as well as key economic data points.

As Brexit negotiations reach a critical point, the pound will be a particular focal point in currency markets. Reports of progress on the financial settlement and the Northern Ireland border have provided a boost to sterling in recent sessions, the question now is whether enough has been done to move onto trade.

Donald Trump took another significant step towards getting tax reform over the line last week after the Senate narrowly passed a bill. With another hurdle overcome, the Senate and the House will now try to find a compromise between the two bills that will survive another vote in both chambers. Bit will this be easier said than done?

Craig discusses all of this and more and also gives his live analysis on EURUSD (10:12), GBPUSD (12:56), EURGBP (15:06), AUDUSD (16:55), USDCAD (20:02), GBPCAD (21:52), NZDUSD (23:52), USDJPY (26:05), GBPJPY (27:29) and EURJPY (29:36).

EUR/USD – Euro Slips as US Senate Passes Tax Reform

Gold Tests Support After Friday’s Failure

Muted USD reaction to Tax Reform

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam

Senior Currency Analyst at OANDA
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the Wall Street Journal and The Telegraph, and he also appears regularly as a guest commentator on networks including Sky News, Bloomberg, CNBC and BBC. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.