Dollar Down as Investors Await Fed Minutes
The dollar was down on Wednesday morning in Asia ahead of the U.S. Federal Reserve’s release of the minutes from its latest meeting. The euro, meanwhile, fell to an almost three-month low against the greenback as German economic data disappointed and raised concerns about the country’s economic recovery from COVID-19.
The U.S. Dollar Index that tracks the greenback against a basket of other currencies inched down 0.01% to 92
FX markets are susceptible to a range of factors which affect their volatility, and many traders look to tailor their strategies to capitalize on the most volatile currency pairs.
Currency volatility, often measured by calculating the standard deviation or variance of currency price movements, gives traders an idea of how much a currency might move relative to its average over a given time period. Traders can also gauge volatility by looking at a currency pair’s average true range or
The week after the U.S. jobs report is usually one of the lightest of the month in terms of economic data and the coming holiday-shortened week will be no exception. Wednesday’s Federal Reserve meeting minutes may give investors an insight into policymakers behind the scenes discussions after a hawkish shift prompted market turbulence last month. The European Central Bank will also publish the minutes of its latest meeting, while China will release what will be closely watched inflation figures.
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 5th July 2021. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect your positions, please take a look at the video.
NB: All dividend adjustments are forecasts and therefore speculative. A dividend adjustment is a cash neutral adjustment on your account.
GOLD PRICE OUTLOOK:
Gold prices are trading higher on Monday following strong US nonfarm payrolls data
The US Dollar retreated alongside Treasury yields, boosting precious metal prices
Traders are eyeing $1,795 for resistance, breaching which may lead to further gains
Gold prices traded modestly higher during Monday’s APAC session, as a weaker US Dollar and lower yields bolstered the appeal of the yellow metal. Prices continued to consolidate in a tight range
Trading Forex at the News Release
Trading forex news releases requires a tremendous amount of composure, preparation and a well-defined strategy. Without these qualities, traders can easily get swept up in all the excitement of a fast-moving market to their detriment. This article provides useful strategies on how to trade forex news during a major news release.
FOREX NEWS TRADING STRATEGIES
There are two common strategies for trading forex at the news release:
I
SENTIMENT INDICATORS: USING IG CLIENT SENTIMENT
The IG Client Sentiment (IGCS) is unique, proprietary and potentially helpful to traders. The article will outline the following illustrative points:
What is IG Client Sentiment (IGCS)?
Sentiment Indicators
IGCS as a Leading Indicator
IGCS as a Technical Indicator: Summary
WHAT IS IG CLIENT SENTIMENT (IGCS)?
IG Client Sentiment (IGCS) is a tool that traders can use in conjunction
Friday’s US jobs report is expected to bring an improved payrolls figure, although recent ADP and jobless claims data does raise questions.
The June US jobs report is due to be released at 1.30pm, on Friday 2 July (UK time). Coming at a time when markets are desperately trying to ascertain whet
CRUDE OIL PRICE OUTLOOK:
Oil prices are steady on Wednesday after API reported a larger-than-expected fall in crude inventories
OPEC+ will meet to discuss easing pandemic-era production cuts on Thursday
WTI is challenging a key chart resistance at $73.5, but upward momentum is fading
Source: Bloomberg
Crude oil prices held gains during Wednesday’s APAC session, trading near two-and-half year highs. Risk appetite was revitalized after a lab report showed that Moderna
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 28th June 2021. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect your positions, please take a look at the video.
NB: All dividend adjustments are forecasts and therefore speculative. A dividend adjustment is a cash neutral adjustment on your account
Knowing how to control emotions while trading can prove to be the difference between success and failure. Your mental state has a significant impact on the decisions you make, particularly if you are new to trading, and keeping a calm demeanor is important for consistent trading. In this piece, we explore the importance of day trading psychology, for both beginner and more experienced traders, and give some pointers on how to trade without emotions.
THE IMPORTANCE OF CONTROLLING EMOTIONS WH
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 21st June 2021. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect your positions, please take a look at the video.
NB: All dividend adjustments are forecasts and therefore speculative. A dividend adjustment is a cash neutral adjustment on your account
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 14th June 2021. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect your positions, please take a look at the video.
NB: All dividend adjustments are forecasts and therefore speculative. A dividend adjustment is a cash neutral adjustment on your account
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 7th June 2021. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect your positions, please take a look at the video.
NB: All dividend adjustments are forecasts and therefore speculative. A dividend adjustment is a cash neutral adjustment on your account.
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 31st May 2021. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect your positions, please take a look at the video.
NB: All dividend adjustments are forecasts and therefore speculative. A dividend adjustment is a cash neutral adjustment on your account.
Although the GSK share price has underperformed against its close competitors in the past year, signs are starting to improve following positive moves from an activist investor and the release of highly anticipated new products.
GSK shares down 2% year to date
Shares reached £13.48 this morning but slumped afterwards
GSK retains operation
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 31st May 2021. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect your positions, please take a look at the video.
NB: All dividend adjustments are forecasts and therefore speculative. A dividend adjustment is a cash neutral adjustment on your account.
Hey All,
Our weekend and grey markets will open later than usual on Saturday 22 May 2021. We're planning to open these markets at 10am (UK time), rather than the normal 8am (UK time).We apologise for any inconvenience this may cause you.
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 17th May 2021. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect your positions, please take a look at the video.
NB: All dividend adjustments are forecasts and therefore speculative. A dividend adjustment is a cash neutral adjustment on your account.
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 10th May 2021. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect your positions, please take a look at the video.
NB: All dividend adjustments are forecasts and therefore speculative. A dividend adjustment is a cash neutral adjustment on your account.
After many of you mentioned that the fees and charges were confusing we created a new link on the deal ticket to improve communication of charges for Leveraged accounts.
We're still looking at ways to improve this for the future so we're open to suggestions which is you could comment below will be appreciated by our development teams.
Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 3rd May 2021. If you have any queries or questions on this please let us know in the comments section below. For further information regarding dividend adjustments, and how they affect your positions, please take a look at the video.
NB: All dividend adjustments are forecasts and therefore speculative. A dividend adjustment is a cash neutral adjustment on your account.
Amazon and Twitter to report earnings shortly after 9pm (UK time)
The multinational tech giant and the popular social media platform will release earnings tonight. Keep an eye on these stocks to see how the market reacts.
Twitter earnings – What to expect
Advertising services account for close to 90% of Twitter’s revenue, which saw a dip in 1H 2020 as businesses cut back on marketing spend in times of Covid-19. However, investors may note that on the back of improving econo