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Stock markets displayed some signs of exhaustion on Tuesday as the fading optimism over a massive stimulus move from the Bank of Japan repelled investors from riskier assets. Dollar bulls may be back in town following the positive string of US economic data that has bolstered expectations of a possible US rate hike. In the commodities arena, WTI crude tumbled below $44 as the oversupply concerns encouraged bears to attack. Gold is stuck in a fierce tug of war and currently trades above $1310. -The EURUSD is under pressure and bears need to break below 1.100 -The GBPUSD trades above the stubborn 1.3100 support -USDCAD bulls are in action and challenging 1.3200 -WTI crude remains fundamentally bearish For more Market Analytics read the latest @ http://fxtm.co/marketupdate-yt
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