Thursday 9th April: DXY Modestly Higher Ahead of US Unemployment Data
Key risk events today: UK GDP m/m; OPEC Meetings; ECB Monetary […]
Easter Holidays Trading Schedule 2020
Dear Trader, Please find our Updated trading schedule and general information for the Easter Holidays starting Friday, 10th April 2020 below. All times mentioned below are Platform time (GMT +3).
Wednesday 8th April: Technical Outlook and Review
Key risk events today: FOMC Meeting Minutes. (Previous analysis as well […]
Tuesday 7th April: DXY Eyes 101.00 After Fourth Successive Daily Gain
Key risk events today: Australia Trade Balance; RBA Cash Rate and […]
Friday 3rd April: DXY Bid Dominates Ahead of NFP
Key risk events today: UK Final Services PMI; US Average Hourly […]
Thursday 2nd April: US Dollar Index Struggles to Overthrow Daily Resistance at 99.62
The US dollar index is on track to net a solid start to Q2, though is currently trading off best levels ahead of 100.00 in wake of the final Markit manufacturing PMI for March and ISM surveys.
Wednesday 1st April: Greenback Running Out of Steam Ahead of 100.00
The US dollar index failed to glean much impetus from better-than-expected Chicago PMI or US consumer confidence (dropped to 120 in March from 132.6 in February despite stronger-than-expected reading) measures Tuesday, after topping a shade under the 100.00 handle.
Tuesday 31st March: Technical Outlook and Review
Key risk events today: China Manufacturing PMI; China Non-Manufacturing PMI; UK […]
Monday 30th March: Weekly Technical Outlook and Review
Major US benchmarks slumped Friday, snapping a three-day bullish phase as investors’ focus remains on the economic fallout from the coronavirus pandemic. The Dow Jones Industrial Average declined 915.39 points, or 4.06%; the S&P 500 also erased 88.60 points, or 3.3%, and the tech-heavy Nasdaq 100 concluded lower by 308.75 points, or 3.91%.
