Tuesday 11th June: Greenback attempting a recovery ahead of PPI numbers.

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EUR/USD: Following Friday’s NFP-induced advance, the single currency encountered mild downside pressure Monday amid reports suggesting the European Central Bank (ECB) is mulling further easing. The euro concluded the day down 0.18% versus the US dollar. From a technical standpoint, EUR/USD bulls remain underlining an offensive state out of a long-standing weekly demand zone at … Continue reading Tuesday 11th June: Greenback attempting a recovery ahead of PPI numbers.

Monday 10th June: Asian markets gain on better than expected Chinese trade numbers

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Global Markets: Asian Stock Markets : Nikkei up 1.22%, Shanghai Composite up 0.77%, Hang Seng up 2.04% Commodities : Gold at $1331.75 (-1.07%), Silver at $14.78 (-1.69%), Brent Oil at $63.63 (+0.54%), WTI Oil at $54.31 (+0.59%) Rates : US 10-year yield at 2.126, UK 10-year yield at 0.813, Germany 10-year yield at -0.245 News … Continue reading Monday 10th June: Asian markets gain on better than expected Chinese trade numbers

Queen’s Birthday Holiday Trading Schedule 2019

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Dear Trader, Please find our updated Trading schedule for the Queen’s Birthday Holiday in Australia on Monday, 10th June 2019. 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, IC Markets

Monday 10th June: Weekly technical outlook and review.

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Total nonfarm payroll employment edged up in May (+75,000); the unemployment rate remained at 3.6% and average hourly earnings also ticked lower by 0.2% vs. expected 0.3%, the US Bureau of Labour Statistics reported Friday.