Friday 28th September: Robust greenback weighs on major currencies – a close above 95.00 on the horizon?

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EUR/USD: From an open of 1.1736 to a close of 1.1640, the single currency concluded Thursday’s sessions down 0.8%. USD bulls were firmly on the offensive in recent trade thanks to robust US data and a recovery in yields. According to the latest GDP report, the US economy expanded at its fastest pace in nearly … Continue reading Friday 28th September: Robust greenback weighs on major currencies – a close above 95.00 on the horizon?

Chinese National Day & German Unity Day Holiday Schedule

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Dear Trader, Please find our updated Trading schedule for the Chinese National Day & German Unity Day Holidays on 1st & 3rd of October 2018. 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 regards,  … Continue reading Chinese National Day & German Unity Day Holiday Schedule

Thursday 27th September: Asian markets lower following Fed rate hike

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Global Markets: Asian Stock Markets : Nikkei down 0.82%, Shanghai Composite down 0.66%, Hang Seng down 0.58%, ASX down 0.18% Commodities : Gold at $1199.90 (+0.07%), Silver at $14.43 (-0.43%), Brent Oil at $81.58 (+0.98%), WTI Oil at $72.41 (+1.17%) Rates : US 10-year yield at 3.043, UK 10-year yield at 1.629, Germany 10-year yield … Continue reading Thursday 27th September: Asian markets lower following Fed rate hike

Thursday 27th September: Slew of central bank speakers take to the stage today – volatility expected

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EUR/USD: The Fed took to the stage on Wednesday and unanimously voted to hike interest rates by 25 bps, as anticipated. The central bank also removed the reference in its statement that policy is 'accommodative'. The dovish reaction to the rate decision and forecasts is likely a result of the fact the Fed's new 2021 … Continue reading Thursday 27th September: Slew of central bank speakers take to the stage today – volatility expected