EUR/USD: The US dollar came under fresh selling pressure on Thursday, following a disappointing round of US economic data. Producer Price Index numbers came in weaker than expected in December. In addition to this, the figure for seasonally adjusted initial unemployment claims printed at 261K vs. an expected 246K. The US dollar index fell … Continue reading Friday 12th January: Technical outlook and review
Dear Trader, Please find our updated trading schedule and general information related to the Martin Luther King Day Holiday on Friday, January 12th, 2018 & Monday, 15th January, 2018. All times mentioned below are Platform time( GMT +2) Friday, January 12th, 2018 Forex (Fri) 12th January 2018 – Normal Trading Hours Precious Metals (Fri) 12th January 2018 – Normal Trading Hours Spot Energies (Fri) … Continue reading Martin Luther King Day Schedule 2018
Global Markets: Asian stock markets: Nikkei down 0.39 %, Shanghai Composite up 0.07 %, Hang Seng gained 0.03 %, ASX 200 lost 0.48 % Commodities: Gold at $1318.90 (-0.05 %), Silver at $17.03 (-0.03 %), WTI Oil at $63.52 (-0.08 %), Brent Oil at $69.12 (-0.12%) Rates: US 10-year yield at 2.53, UK 10-year yield … Continue reading Thursday 11th January: European Open Briefing
EUR/USD: Despite displaying early signs of bearish intent around H4 resistance at 1.1944 on Wednesday, the pair gathered momentum and quickly rose higher amid the London morning segment. As you can see, H4 price succeeded in shaking hands with the large psychological band 1.20 and predictably offered market participants a stable line of resistance. … Continue reading Thursday 11th January: Technical outlook and review
