22nd May – FXTP Monday Market Update – quite some sugar rush

Hello Traders,

Thanks to those of you who joined us today. I should reiterate that the Monday Market Update is just that. A big picture overview of the markets, with a few ‘charts of interest’ thrown in. It’s not a signal service nor tipping service – just what I am looking at and interested in.

Today we took a look at: FX STAM; Thomson CRB Commodity Index ($CRB), Soybean Futures ($ZS1!), Wheat Futures ($ZW1!), Sugar Futures ($SB1!), and NVDIA Corporation ($NVDA).

We also covered the usual suspects: $DJIA, $NDX, $SPY, $RTY, $DAX, $FTSE, $NIKKEI, $WTI, $XAUUSD, $XAGUSD, $BTCUSD, $USD, $DXY, $JPY, and $GBP.

Have a great trading week. There will be no Market Update next Monday due to the Bank Holiday – we will return on 5th June

Trade well,

Paul

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