EUR/USD has remained bullish and rallied notably around 2.7% since May 15, helped by the recent slump in the USD. EUR/USD saw a correction on May 18, as a result of the rebound of USD. Friday morning, during early European session, EUR/USD rallies again and approaches the significant psychological resistance level at 1.1200. Currently, the […]
NZD/USD saw a substantial 6.22% retracement since February 7. The downtrend was held above the significant support line at 0.6800 since the end of April, suggesting the bearish momentum has been waning. The price further broke the next psychological level at 0.6900 on Wednesday, as a result of the weakening of USD caused by Trump’s […]
The Dollar has erased all of its gains following the appointment of Donald Trump as President, in what was Trump’s worst week in office as of yet. Expectations that Trump would increase government spending as well as Tax cuts that would stimulate the economy, were responsible for the Dollar’s strength after he was elected. However, […]
18 May 2017: Seeing lots of movement in the financial markets along with unemployment rates down 20 basis points and the Nikkei down almost 2%, IG analyst Chris Weston explains there is much more to play out in the Trump phenomenon, and suspects James Comey will testify against Donald Trump next Wednesday. Related Posts:The dollar […]
There are two upcoming events that are expected to impact the price of Oil; firstly, the Iran presidential election will be held this Friday, May 19th and secondly the OPEC meeting will be held on May 25. The result of the Iran presidential election and the associated geo-political risks will likely affect its oil supply. […]
17 May 2017: Robin Young, Amur Minerals CEO, updates on the progress made on its independent cost analysis and the 2017 drill programme. Robin says that road construction and visibility of the development of the mine should help its stock price.
16 May 2017: CEO of South Africa based Tharisa, Phoevos Pouroulis, tells IG that it is well placed to benefit from the ‘one belt one road’ China infrastructure spend proposals with its low cost chrome and platinum production strategy.
16 May 2017: CEO of South Africa based Tharisa, Phoevos Pouroulis, tells IG that it is well placed to benefit from the ‘one belt one road’ China infrastructure spend proposals with its low cost chrome and platinum production strategy.
12 May 2017: Michael Masterman, chairman of W Resources, discusses the opportunities for the company in delivering a low-cost tungsten mine at its project in La Parrilla in Spain. He also explains that the firm has ‘really good’ gold and copper asset
EUR/USD has retraced around 1.15% post the second-round vote of the French presidential election. The retracement was held above the support line at 1.0850 since yesterday. On the 4-hourly chart, the 10 SMA is crossing over the 20 SMA, indicating the bearish momentum is waning. The daily Stochastic Oscillator reading is below 20, suggesting a […]
12 May 2017: Michael Masterman, CEO at Saffron Energy, says commercial production has now started at Bezzecca in northern Italy. Michael also explains that, by year end, he fully expects to add Sant’Alberto to the production list for the company. Related Posts:Bitcoin gathering more bullish energy October 27, 2023 Bitcoin climbed as much as 35,198 […]
10 May 2017: Gold is being pulled in all directions this week. The precious metal slumped to an eight-week low after Emmanuel Macron won the French presidential election. But Trump’s firing of the FBI director has people questioning his future. Related Posts:The dollar has laid out its trump cards, it’s now the euro’s… April 8, […]
10th May 2017: The digital currency Bitcoin just keeps on going up, nobody seems keen on shorting it, the concept has gripped the markets but its surge in value is about to end according to John Butler of Gold Money. Related Posts:Forex forecast 04/15/2024: EUR/USD, GBP/USD,USD/CAD, USDX… April 15, 2024 We introduce you to the […]
Thursday May 11th is a crucial day for GBP traders with the release of a series of UK economic data at 09:30 BST. Followed by the Bank of England’s (BoE) interest rate decision and monetary policy minutes at 12:00 BST and the NIESR GDP estimate (Feb to April) at 13:00 BST. Recent UK economic data […]
10 May 2017: Vertu Motors stock rose 5% at the start today after record profits. It also took a ‘first mover advantage’ in moving to a ‘full end-to-end’ process for second-hand car sales. CEO Robert Forrester explains what has been happening. Related Posts:Can Q1 earnings season refuel the equity market rally? –… April 7, 2024 […]
The US shale oil industry has seen a marked recovery since February last year because of higher oil prices. The US Baker Hughes data, that records the number of new Oil Rigs, is showing additional Rigs added every week. The increase in shale oil supply has offset OPEC’s recent output cut effort to an extent. […]
8 May 2017: Despite a drop in European equities in the aftermath of the win for Emmanuel Macron in the race for French presidency, Karim Chedid, BlackRock, explains that this area still looks good for the summer driven, partly, by a weaker euro. Related Posts:Will Netflix earnings take the share price closer to its… April […]
EUR/USD has been consolidating, following the first-round of the French election, flirting with a significant psychological level at 1.0900. The second-round of the French presidential election will be held this Sunday May 7, and EUR has strengthened as markets expect Macron to win the final vote. During the early European session today, EUR/USD reached a […]
GBP has been the strongest currency over past three weeks. GBP/USD has seen a 4.6% rise since April 10, largely because of UK Prime Minister Theresa May’s sudden announcement of a snap general election on April 18. On the daily chart the price is still holding above the downside 10-day SMA support. Nevertheless, the bullish […]
France’s presidential rivals, centrist Emmanuel Macron and the far-right’s Marine Le Pen, will battle it out later on today on television. Both are looking to scoop up votes from the two candidates who were dropped at the first round. Website: http://www.ig.com/uk Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom Google Play: https://play.google.com/store/apps/details?id=com.iggroup.android.cfd&hl=en_GB iTunes: https://itunes.apple.com/gb/app/ig-trading-spread-betting/id406492428 LinkedIn: https://www.linkedin.com/company/igcom Google +: https://plus.google.com/u/0/108999047065291192896 […]
This morning, the Reserve Bank of Australia (RBA) announced interest rates on hold at 1.5%, which was in line with market expectations. The RBA sees an upswing in the global economy, and foresees the Australian economic growth to increase gradually around 3% over the next couple of years, helped by the rising mining investment and […]
2 May 2017: It’s the week of the FOMC meeting and despite a rate hike not being priced into the markets, we have come to expect the unexpected. Richard Hunter, head of research at Wilson King Investment Management, also predicts a readjustment of las Related Posts:The market is disappointed and softening expectations for… April 12, […]
The outcome of the first-round voting of the French presidential election pushed EUR/USD up, touching the highest level of 1.0950 on April 26 since November 10. EUR/USD has been consolidating since April 24, flirting with the significant psychological level at 1.0900. Today, the European Central Bank (ECB) announce its benchmark rate, marginal lending rate and […]
Eric Albert, UK correspondent for Le Monde and Le Temps, says IG’s digital 100 bet is close to current thinking for the outcome of the French election, but there are still many undecided voters that may make it a closer race. Website: http://www.ig.com/uk Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom Google Play: https://play.google.com/store/apps/details?id=com.iggroup.android.cfd&hl=en_GB iTunes: https://itunes.apple.com/gb/app/ig-trading-spread-betting/id406492428 LinkedIn: https://www.linkedin.com/company/igcom Google […]
Donald Trump’s tax plan is beginning to see the light of day but, in a true Trump style, it lacks detail as it was presented on a 250-word page of bullet points. Website: http://www.ig.com/uk Twitter: https://twitter.com/IGcom Facebook: https://www.facebook.com/IGcom Google Play: https://play.google.com/store/apps/details?id=com.iggroup.android.cfd&hl=en_GB iTunes: https://itunes.apple.com/gb/app/ig-trading-spread-betting/id406492428 LinkedIn: https://www.linkedin.com/company/igcom Google +: https://plus.google.com/u/0/108999047065291192896 IG is a global leader in retail […]
Apple recently announced it would end its relationship with chip designer Imagination Technologies. Shares in the UK firm promptly fell off a cliff, from 165p to 103p in a single day, reducing the company value from around £765m to £250m. It was a harsh and timely reminder that the big boys of tech – Apple, […]
Last week the US President Trump stated on twitter that he will “unveil his major tax reform plan on Wednesday April 26”. The recent reported US Q1 corporate earnings have been outperformed, pushing US stocks up. Tuesday evening, the Dow Jones index hit a 6-week high of 21022, and the S & P 500 index […]
Last week the US President Trump stated on twitter that he will “unveil his major tax reform plan on Wednesday April 26”. Trump intends to dramatically cut corporate tax from the current rate of 35% to 15%, and will likely make tax exemption on US corporate overseas earnings. After the failure of his healthcare bill […]
For those with $25 million to invest, opening an NFA-regulated brokerage in America would be a fantastic investment at the right time, Meir Velenski, CEO, Velenski Financial Group and Andrew Saks-McLeod. You can view this video and the full video archive on the Dukascopy TV page: http://www.dukascopy.com/tv/en/#208994 Смотрите Dukascopy TV на вашем языке: http://www.youtube.com/user/dukascopytvrussian 用您的语言观看杜高斯贝电视: […]
25 April 2017: Having produced a 146% rise in revenues, CEO of MMX, Toby Hall, says that he is excited to be at the start of the opportunity in the global market for top level domains (TLDs). Toby also discusses rewarding shareholders. Related Posts:Overview of the EUR/USD pair. November 2nd. The Fed “left… November 2, […]
