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EUR/USD: EUR/USD bulls, as you can see, failed to sustain gains beyond the 1.18 handle on the H4 timeframe, consequently ending Tuesday’s segment marginally closing beyond H4 mid-level support priced in at 1.1750. Demand for the USD on the back of the Trump/Kim summit faded relatively quickly in early trade. Later on we witnessed US … Continue reading Wednesday 13th June: Focus shifts from the Trump/Kim summit to today’s FOMC rate decision and press conference

Dear Trader, Please find our updated Trading schedule for the Tuen Ng Festival Holiday in Hong Kong on Monday, 18th Juney 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,  IC Markets

Global Markets: Asian Stock Markets : Nikkei up 0.53%, Shanghai Composite up 0.59%, Hang Seng up 0.39%, ASX up 0.14% Commodities : Gold at $1301.80 (-0.11%), Silver at $16.92 (-0.22%), Brent Oil at $76.55 (+0.12%), WTI Oil at $66.25 (+0.23%) Rates : US 10-year yield at 2.957, UK 10-year yield at 1.408, Germany 10-year yield … Continue reading Tuesday 12th June: Markets higher on Trump Kim meeting

EUR/USD: Price action employed a more subdued tone on Monday’s ahead of Fed and ECB policy meetings this week. There were no relevant economic releases out of Europe yesterday, with the main focus drawn to G7 interactions and the upcoming meet between US President Trump and North Korea’s Kim Jong-Un. Technically, we can see that … Continue reading Tuesday 12th June: Subdued market tone as Trump/Kim meet takes place