Category: Recent

List view Grid View
21 Jun 2019

Friday 21st June: Increased demand for safe-haven assets as the dollar continues to grind south.

IC Markets No Comments

Key risk events: French Flash Services PMI; French Flash Manufacturing PMI; German Flash Manufacturing PMI; German Flash Services PMI; EUR Flash Manufacturing PMI; EUR Flash Services PMI; US Flash Manufacturing PMI; FOMC Member Brainard Speaks; UK Public Sector Net Borrowing; MPC Member Tenreyro Speaks; Canadian Core Retail Sales m/m; Canadian Retail Sales m/m. EUR/USD: Firmly … Continue reading Friday 21st June: Increased demand for safe-haven assets as the dollar continues to grind south.

20 Jun 2019

Thursday 20th June: Asian shares continue to climb amidst rate cut speculations

IC Markets No Comments

Global Markets: Asian Stock Markets : Nikkei up 0.6%, Shanghai Composite up 2.25%, Hang Seng up 0.94%, ASX up 0.45% Commodities : Gold at $1386.60 (+2.80%), Silver at $15.32 (+2.41%), Brent Oil at $62.78 (+1.55%), WTI Oil at $54.80 (+1.54%) Rates : US 10-year yield at 1.984, UK 10-year yield at 0.866, Germany 10-year yield … Continue reading Thursday 20th June: Asian shares continue to climb amidst rate cut speculations

20 Jun 2019

Thursday 20th June: Dollar index on defensive after Fed signals readiness to cut rates; trades sub 97.00.

IC Markets No Comments

EUR/USD: The single currency rose higher against its US counterpart Wednesday in the aftermath of the FOMC. The central bank left rates unchanged between 2.25-2.50%, as expected, though tweaked the language in its statement to reflect a more dovish stance. Erasing Draghi-induced losses, the candles gravitated to a high of 1.1254. H4 price, after engulfing … Continue reading Thursday 20th June: Dollar index on defensive after Fed signals readiness to cut rates; trades sub 97.00.

19 Jun 2019

Wednesday 19th June: Dollar index trades at weekly resistance 97.72 ahead of today’s crucial FOMC meeting.

IC Markets No Comments

EUR/USD: The euro witnessed a reasonably robust decline vs. its US counterpart Tuesday, following ECB’s President Draghi opening the door for further monetary stimulus, as well as the ZEW Indicator of economic sentiment for Germany decreasing sharply in June 2019 – stands at -21.1 points. For folks who read Tuesday’s technical report you may recall … Continue reading Wednesday 19th June: Dollar index trades at weekly resistance 97.72 ahead of today’s crucial FOMC meeting.