Key risk events today: NAB Business Confidence; Fed Chair Powell Speaks; FOMC Members Bullard and Quarles Speak. EUR/USD: Unable to sustain early gains beyond 1.1234, the EUR/USD settled Monday a few points north of May’s opening level on the H4 timeframe at 1.1211, down 0.09% on the day. In terms of data out of Europe, … Continue reading Tuesday 9th July: Greenback regains footing as bets on aggressive US rate cuts fade.
Key risk events today: BoJ Governor Kuroda Speaks. EUR/USD: Weekly gain/loss: -1.26% Weekly close: 1.1224 Weekly perspective: Since early November 2018, a long-standing demand area at 1.1119-1.1295 has capped downside. As impressive as this is, impetus is lacking as price is unable to overthrow the 2019 yearly opening level (resistance) at 1.1445. Areas outside of … Continue reading Monday 8th July: Weekly technical outlook and review
Key risk events: Canadian Employment Change and Unemployment Rate; US Average Hourly Earnings m/m; US Non-Farm Employment Change; US Unemployment Rate. EUR/USD: Volatility fell Thursday as US traders celebrated 4th July, leaving the EUR/USD ranging no more than 25 points, with dovish comments from ECB’s Rehn doing little to help the single currency. As markets … Continue reading Friday 5th July: US non-farm payrolls takes centre stage today – remain vigilant.
Key risk events today: Australian Retail Sales m/m; US banks are closed in observance of Independence Day. EUR/USD: The EUR/USD extended its consolidation phase Wednesday, confined within a narrow trading band sub 1.13 on the H4 timeframe. Macroeconomic data out of the US came in lower than anticipated, though was largely ignored. US ADP Private-sector … Continue reading Thursday 4th July: US banks are closed in observance of Independence Day – liquidity may thin out.
Dear Trader, Please find our Updated trading schedule and general information for the US Independence Day Holiday starting Wednesday, 3rd July 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 4280. Forex (Wed) … Continue reading US Independence Day Holiday Schedule 2019
