The Australian dollar kicked off the week on a negative footing, down 0.20% against the US dollar. Despite Easter Monday’s thin conditions and an absence of tier 1 data, some analysts state the recent slide was the result of a waning US equity market.
Dear Trader, Please find our updated Trading schedule for the Anzac Day on Thursday, 25th April 2019 below. 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 … Continue reading Anzac Day Trading Hours 2019
A brief recap of Friday’s segment on the H4 timeframe witnessed thin trading volume amid Good Friday. Following a mild bottom a few points north of April’s opening level at 1.1221, the EUR/USD spent the remainder of the day fluctuating within a tight range just below 1.1250.
EUR/USD: The single currency ceded ground to the dollar Thursday, following sour IHS Markit PMI surveys. After a brief stopover at the underside of 1.13 on the H4 timeframe the EUR/USD fell sharply, conquering neighbouring trend line support (extended from the low 1.1183) and eventually dipping beneath the 1.1250 support. Further weighing on the euro … Continue reading Friday 19th April: Thin trading volume likely ahead as banks close in observance of Good Friday and Easter Monday.
Global Markets: Asian Stock Markets : Nikkei down 0.86%, Shanghai Composite down 0.21%, Hang Seng down 0.61%, ASX down 0.11% Commodities : Gold at $1274.25 (-0.20%), Silver at $14.91 (-0.21%), Brent Oil at $71.60 (-0.03%), WTI Oil at $63.77 (+0.02%) Rates : US 10-year yield at 2.570, UK 10-year yield at 1.235, Germany 10-year yield … Continue reading Thursday 18th April: Asian markets fall as investors stay on sidelines for upcoming holiday
