Dear Trader, Please find below important information relating to a recent notice from Metaquotes regarding the Metatrader 4 platform. Metaquotes, the technology provider behind the Metatrader 4 platform will stop supporting MetaTrader 4 desktop terminal builds below 1118 and MetaTrader 4 Android terminals below 1104 after 1st March, 2019. Clients are requested to update to the latest version … Continue reading MetaTrader 4 Platform Update
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Thursday 28th February: Month-late US GDP data eyed in early US hours.
The value of the euro weakened against its US counterpart Wednesday, snapping a two-day bullish phase. A revival of USD bidding, driven by advancing US Treasury yields, weighed on the EUR/USD.
Wednesday 27th February: Canadian inflation eyed in early US trade – remain vigilant.
Pressured by declining US Treasury yields, the US dollar Index (calculated by factoring in the exchange rates of six major world currencies) extended losses Tuesday, shaking hands with its lowest level in three weeks at 95.95.
Tuesday 26th February: Fed Chair Powell testifies in early US hours – remain vigilant around this time, traders.
Sterling marginally breached 1.31 to the upside Monday and tested February’s opening level plotted nearby at 1.3108 (H4), following news UK Labour would support a second referendum should the Brexit deal be rejected this week.
Monday 25th February: Weekly technical outlook and review.
Worries in the German business world continued to grow Friday, following the ifo Business Climate Index falling from 99.3 points (seasonally adjusted) in January to 98.5 points in February.