XE Market Analysis: The Currency Market Makes a Cautious Start Ahead of US Fed Meeting and Another Brexit Vote

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OVERVIEW

  • The greenback is trading lower against most major currencies, and the DXY Index is down by 0.1%
  • GBP/USD is in negative territory as MPs prepare a new vote before seeking extensions of Article 50.
  • NYMEX WTI firms 20 cents to trade $58.60 a barrel, remaining near four-month high.

HIGHLIGHT