AUD/USD probes intraday high after China’s August month inflation data matched downbeat forecast.
Market sentiment remains sluggish despite light news feed, AstraZeneca’s clarification on vaccine trial halt.
Second-tier US data may entertain short-term traders but risk catalysts to keep the driver’s
S&P 500 Futures print 0.50% gains despite stepping back from 3,443.
India-China border tension joins Sino-American tussle, Brexit woes also probe the risk-on mood.
Global markets await US traders’ return for fresh impetus.
S&P 500 Futures drop to 3,434 amid the initial hour of Tuesday’s Tok
The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had jumped more than 750 points or 3 percent. The Hang Seng Index now rests just above the 25,420-point plateau and it's expecte
Hi everyone, after yesterday my trading plan got HIT SL, here is another trading plan based on Daily Timeframe . In Daily TF, as you can see, so many patterns we got here. Compression, Resistance Level (1, 2, 3), Significant Support Resistance (SSR), Significant King Resist
Risk markets turned mixed today as investors appear to be turning from optimism to cautiousness. Hong Kong stock suffered steep losses on escalating US-China tension. The selloff somewhat carries forward to European markets. Yet, US markets open with slight gains. In the currency markets, Euro is le
Notesco UK Limited, which operates IronFX UK, has published its financial results for the year ended on the 31st of December 2019, revealing a significant drop in revenue during the period.
The principal activity of Notesco UK Limited across 2019 was dealing in investments as princip
The Japanese stock market is advancing on Monday despite the absence of fresh cues from Wall Street, which was closed on Friday for a holiday, and the rising number of coronavirus cases around the world.
Tokyo reported 111 new coronavirus cases on Sunday, exceeding more than 100 coronavirus infectio
British Prime Minister Boris Johnson argued that the job-retention, furlough, scheme couldn't be extended due to its potential negative impact on the economy in the long term.
"I think people need to recognise that the particular restrictions that furlough places on you are not, in the long-term, h
Gold futures topped $1,800 an ounce to mark their highest finish since 2011.
USD could face a coronavirus wave of its own.
The price of XAU/USD is trading at $1,781.17 at the time of writing, virtually flat on the day so far, sticking to a tight range between the low of $1,780 and the high of $1,78
Gold rose on Monday as the relentless coronavirus spread globally with a record jump in COVID-19 infections in the United States.
Wall Street's major indexes dropped and benchmark 10-year yield slipped to its lowest since early June as the United States set a new record for a one-day increase in cor
Following the release of New Zealand’s (NZ) Q1 GDP report, the country’s Finance Minister Grant Robertson noted that the biggest impact of the coronavirus impact will be in the second quarter of 2020.
NZ got a head start on recovery by opening economy quicker than forecast, Robertson added.
1) Fed meeting – 10/06 – the latest Fed meeting isn’t expected to offer up too many surprises in terms of interest rate policy. There has been a great deal of speculation about the prospect that the US could go down the negative rate route, despite a number of various Fed policymakers pushing back o
EUR/USD gained traction and rallied above the 1.1100 resistance zone.
A key bullish trend line is forming with support at 1.1010 on the 4-hours chart.
EUR/USD Technical Analysis
Looking at the 4-hours chart, the pair settled nicely above the 1.1000 zone, the 100 simple moving averag
Risk-on mode continues in Asian markets today. Investors, in particular in Hong Kong markets, basically shrugged off US President Donald Trump’s announcements regarding China. There is also no reaction to the unrest in US. Instead, traders continued to cheer economy reopening, as well as positive da