Friday 26th June: Technical Outlook and Review

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Fed by an additional wave of dollar bids – DXY crossed 97.50 – EUR/USD fell for a second consecutive session Thursday and shook hands with the 1.12 figure on the H4 timeframe.

Thursday 25th June: Asian markets lose as IMF projects deeper contraction

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Global Markets: Asian Stock Markets : Nikkei down 1.22%, ASX down 2.48% Commodities : Gold at $1777.35 (+0.13%), Silver at $17.66 (-0.04%), Brent Oil at $40.01 (-0.74%), WTI Oil at $37.75 (-0.68%) Rates : US 10-year yield at 0.672, UK 10-year yield at 0.189, Germany 10-year yield at -0.452 News & Data: (EUR) German GfK … Continue reading Thursday 25th June: Asian markets lose as IMF projects deeper contraction

Thursday 25th June: Technical Outlook and Review

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Sterling witnessed a sharp change in mood Wednesday, unable to maintain a presence above 1.25 on the H4 timeframe. Undermined on the back of a resurgent dollar, GBP/USD established firm position sub 1.25 and, going forward, suggests 1.24 and April’s opening level at 1.2395 may make a show.

Wednesday 24th June: Asian markets mixed as investors weigh rising COVID cases.

IC Markets No Comments

Global Markets: Asian Stock Markets : Nikkei down 0.07%, Shanghai Composite up 0.30%, Hang Seng down 0.47%, ASX up 0.19% Commodities : Gold at $1787.25 (+0.29%), Silver at $18.03 (-0.20%), Brent Oil at $42.19 (-1.03%), WTI Oil at $39.80 (-1.41%) Rates : US 10-year yield at 0.709, UK 10-year yield at 0.207, Germany 10-year yield … Continue reading Wednesday 24th June: Asian markets mixed as investors weigh rising COVID cases.