Caution was the name of the game on Wednesday as inflation fea | FXTM Forex Market News

Caution was the name of the game on Wednesday as inflation fears and concerns over slowing growth left investors on edge.

European shares fell while Wall Street futures flashed red due to the lack of appetite for risk ahead of the ECB meeting on Thursday and the US inflation report on Friday. In the commodities arena, oil prices drifted higher thanks to supply concerns and prospects of higher demand. Gold struggled for direction, waiting for a fresh directional catalyst to trigger some action. Read More (https://www.forextime.com/market-analysis/mid-week-technical-outlook-fx-majors-minors-focus)