Global Markets: Asian Stock Markets : Nikkei up 0.19%, Shanghai Composite down 0.51%, Hang Seng down 0.16%, ASX up 0.95% Commodities : Gold at $1274.50 (-0.24%), Silver at $14.91 (-0.45%), Brent Oil at $74.47 (+0.58%), WTI Oil at $66.07 (+0.79%) Rates : US 10-year yield at 2.583, UK 10-year yield at 1.213, Germany 10-year yield … Continue reading Tuesday 23rd April: Oil gains as US rolls back exemptions for Iranian oil purchases
Category: Recent
Tuesday 23rd April: FX markets look to shake off the long Easter weekend ahead of a thin macroeconomic calendar today.
The Australian dollar kicked off the week on a negative footing, down 0.20% against the US dollar. Despite Easter Monday’s thin conditions and an absence of tier 1 data, some analysts state the recent slide was the result of a waning US equity market.
Anzac Day Trading Hours 2019
Dear Trader, Please find our updated Trading schedule for the Anzac Day on Thursday, 25th April 2019 below. Times mentioned below are Platform time (GMT +3). If you have any questions or require any assistance, please contact one of our support team members via Live Chat, email: support@icmarkets.com, or phone +61 (0)2 8014 4280. Kind … Continue reading Anzac Day Trading Hours 2019
Monday 22nd April: Weekly technical outlook and review.
A brief recap of Friday’s segment on the H4 timeframe witnessed thin trading volume amid Good Friday. Following a mild bottom a few points north of April’s opening level at 1.1221, the EUR/USD spent the remainder of the day fluctuating within a tight range just below 1.1250.
Friday 19th April: Thin trading volume likely ahead as banks close in observance of Good Friday and Easter Monday.
EUR/USD: The single currency ceded ground to the dollar Thursday, following sour IHS Markit PMI surveys. After a brief stopover at the underside of 1.13 on the H4 timeframe the EUR/USD fell sharply, conquering neighbouring trend line support (extended from the low 1.1183) and eventually dipping beneath the 1.1250 support. Further weighing on the euro … Continue reading Friday 19th April: Thin trading volume likely ahead as banks close in observance of Good Friday and Easter Monday.