EUR/USD bulls went on the offensive last week, sharply extending gains. Adding more than 250 points, price bettered long-term channel resistance, extended from the high 1.1569.
08
Mar
2020
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06
Mar
2020
Friday 6th March: Markets continue to fall as corona fears grip the US
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Global Markets: Asian Stock Markets : Nikkei down 2.72%, Shanghai Composite down 1.21%, Hang Seng down 2.44%, ASX down 2.81% Commodities : Gold at $1671.95 (+0.24%), Silver at $17.33 (-0.35%), Brent Oil at $49.66 (-0.66%), WTI Oil at $45.62 (-0.61%) Rates : US 10-year yield at 0.818, UK 10-year yield at 0.329, Germany 10-year yield … Continue reading Friday 6th March: Markets continue to fall as corona fears grip the US
06
Mar
2020
Friday 6th March: NFP Day – Remain Vigilant
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Key risk events today: Canada Employment Change and Trade Balance; US Unemployment Rate, US Average Hourly Earnings m/m, US Non-Farm Employment Change, US Unemployment Rate. (Previous analysis as well as outside sources – italics). EUR/USD: Regaining the 1.12 handle in recent trade, H4 price, leaving January’s opening level at 1.1222 unopposed, is now seen retesting … Continue reading Friday 6th March: NFP Day – Remain Vigilant
05
Mar
2020
Thursday 5th March: IMF, WB packages lend confidence to markets
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Global Markets: Asian Stock Markets : Nikkei up 1.09%, Shanghai Composite up 1.99%, Hang Seng up 1.85%, ASX up 1.11% Commodities : Gold at $1642.35 (-0.04%), Silver at $17.23 (-0.12%), Brent Oil at $51.67 (+1.06%), WTI Oil at $47.20 (+0.90%) Rates : US 10-year yield at 1.012, UK 10-year yield at 0.367, Germany 10-year yield … Continue reading Thursday 5th March: IMF, WB packages lend confidence to markets
05
Mar
2020
US Daylight Savings & Server Time Changing to GMT+3
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Dear Trader,
On Sunday the 08th of March, IC Markets Trading servers will move forward by one hour from GMT+2 to GMT+3 as the US will enter daylight savings.While trading for most products will remain unaffected, there will be a change in the trading hours of some products.