Solution in the Middle East? | BDSwiss Market Moves on MT4

-UK Inflation Ahead of the Bank of England Interest Rate Decision this week, inflation numbers have shown the lowest price levels in 18 months. This is likely to confirm that the recent development of rising prices could be over. Retail prices came in at 2.9% compared to a year earlier and are considerably lower than the reading in December. The last number suggested a 4.3% increase. Retailers have offered substantial discounts to attract more spending. The GBP is currently falling against the Greenback and might return to lower levels if the current trend persists. -Recent Drone Attack During a drone attack from militants at a US base in Jordan, three US soldiers were killed and many others wounded. It still remains unclear why a drone remained unrecognized by US intelligence. One reason could be that the flying object was mistakenly mixed up with a US-friendly drone. At the same time also a US drone being used for security surveillance was circulating the army base. Gold and Oil prices have hence started to resume their uptrends and remain positive for now. The US has stated that retaliation will follow after the attacks without any further clarification for now. -War in the Middle East There seems to be hope for a cease-fire and a potential deal for a hostage exchange between the Hamas and Israel. According to statements from US officials, a potential solution might be presented soon. Also, positive information has been given from Qatar regarding this matter, yet the situation will depend on Hamas, whether they would agree to potential terms. -Market Talk Stock markets remain positive after yesterday’s trading caused strong momentum in markets. The recent positive “dovish” comments from Central banks could be behind such moves causing the positive risk sentiment to continue. The AUDUSD currency pair still remains in a sideways mode without any clear direction in sight. Also Silver is pointing higher, which could be due to the positive demand from the economy. Worth noting that the JPY is currently showing signs of a positive reversal against most other currencies. As the oil prices remain high, the CAD could continue to trade stronger for now. Our order in the EURCAD currency pair has been triggered. Check the UPCOMING WEBINARS here: • Download the BDSwiss iOS app: • Download the BDSwiss Android app: • Join our Telegram Channel: • Like us on Facebook: • Follow us on Twitter: • Follow us on LinkedIn: • Follow us on Instagram: • Subscribe to our Channel: Your capital is at risk. T&Cs apply.