Martin Smith at UFXMarkets tells us what to expect from the markets in his daily market update video.

Highlights of today's market update:

  • The focus is on the US Fed's FOMC economic projections
  • Euro advances against the US dollar
  • US dollar predicted to trade mixed ahead of FOMC
  • EUR-USD is bullish but strong resistance ahead
  • Pound drops versus Dollar on CPI
  • BUT pound predicted to climb against the US dollar from here.