EUR/USD: In recent sessions, the market witnessed the euro cede further ground to the dollar, down 0.28% on the day. Better-than-expected consumer confidence numbers out of the US provided fresh impetus, with the greenback now eyeing 98.00 once again (DXY). The recent EUR/USD decline had the H4 candles penetrate local support at 1.1180 (now acting … Continue reading Wednesday 29th May: US dollar index poised to approach 98.00.
EUR/USD: Monday’s session witnessed the EUR/USD tick higher to 1.1215 in early trading, though failed to capitalise on the move, slipping back below the 1.12 handle amid holiday-thinned conditions. The absence of macroeconomic releases exacerbated the lack of volatility, although the greenback finished the day modestly up against most rivals. European Elections had only a … Continue reading Tuesday 28th May: Greenback in positive territory despite lacklustre market.
EUR/USD: Weekly gain/loss: +0.42% Weekly close: 1.1203 Weekly perspective: Following a borderline breach to the lower edge of a long-standing demand at 1.1119-1.1295, EUR/USD bulls went on the offensive last week. Upside from this point shows room for extension to as far north as the 2019 yearly opening level at 1.1445, whereas a move lower … Continue reading Monday 27th May: Weekly technical outlook and review – US and UK bank closures today
Dear Trader, Please find our Updated trading schedule and general information for the UK Spring Bank & US Memorial Day Schedule Holidays starting Monday, 27th May 2019 below. All 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 … Continue reading UK Spring Bank & US Memorial Day Schedule Holidays 2019
The market witnessed sterling spike higher on speculation UK PM May was to offer major concessions on Brexit in an effort to push a deal through Parliament.
