Trading Gold with supply and demand strategy [Video]

EUR/USD lost its traction and fell below 1.0950 in the American session on Wednesday.

Chairman Jerome Powell's hawkish comments at the ECB Forum on Central Banking seems to be helping the US Dollar gather strength and weighing on the pair.GBP/USD declined to a fresh two-week low below 1.2650 on Wednesday. The negative shift seen in risk mood, as reflected by retreating equity indexes in the US, helps the US Dollar gather strength. Meanwhile, markets keep a close eye on comments from central bankers at the ECB Forum.

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