ArvinIG

HI @Sartois, Above stocks were added as requested. All the best - Arvin

Hi @harpalss, The payment date was 12th March US. I believe that it should reflect shortly on your account. As we operate under a custodian model, it can take a bit longer to receive the dividend payments as we are waiting on the custodian to pay the dividends. If you haven't received your received your dividend by next week feel free to reach out to helpdesk.uk@ig.com to follow up. All the best - Arvin

The Heng Seng index is under the pump this week as China’s recent surge in COVID-19 cases has sent Shanghai and Shenzhen into lockdown. Source: Bloomberg Indices Shares Hang Seng Index China Shenzhen Hong Kong The Heng Seng index is under the double whammy this week mounting pressure from global geopolitical tension increases and China’s new Covid wave weighed heavily on investor's sentiment. The Hang Seng index dived over 2% for the third straight day to breach its six-year-low level since March 2016. Hang Seng Tech marked a new all-time low. China’s recent surge in COVID-19 cases has sent two of the country’s most developed cities and economic powerhouses, Shanghai and Shenzhen into half-lockdown. The new wave of Covid in China has affected over 50 million people across 27 provinces so far. Shenzhen, one of the most developed cities with a 17.5 million population, became the largest Chinese city in lockdown since the pandemic started two years ago. As the world’s tech factory and China’s busiest ports, Shenzhen is home to the headquarters of the tech giants Huawei and Tencent and Foxconn, the major supplier for Apple’s iPhone. The new wave has raised concerns over the beleaguered global supply issues and threatened the country’s economic growth. More importantly, the hope that China would follow the rest of the world to exit their 'zero-case' covid strategy has broken as the top authority has shown great determination in keeping the largest-populated nation virus-free. Hang Seng index The Hang Seng index was the 'worst-performer' during the calendar year of 2021, dropping by over 20% while most of the global index enjoyed double-digit growth. Unfortunately, the woe for the Hong Kong listed stocks continues in the New Year: the index has evaporated over 34% from its recent high up to this week, the worst crash since 2008. The broad-range selloff shows that global investors are escaping from Hong Kong's stock market, which used to be viewed as a golden opportunity to enjoy the Asian dragon’s explosive growth. Apart from signs of economic slowdown, the country’s extreme Covid-19 curbs and the lack of clarity on the end of regulatory crackdowns are the culprits to douse global investors’ enthusiasm. Hang Seng monthly chart Source: TradingView From a technical standpoint, the falling of Hang Seng was accelerated by the months-long broken trend line and now entered into a steeper descending trajectory. For the near term, the index has found its support near 19000. The next significant support needs to look back to June 2012, around 18513. The upper boundary of the moving tunnel will limit the high should the index seek for a rebound. At the moment, 19897 will the first target to conquer. Hang Seng daily chart Source: TradingView Follow Hebe Chen on Twitter @BifeiChen Hebe Chen | Market Analyst, Australia 15 March 2022 17:19

EUR/USD consolidates, EUR/GBP tries to break through resistance and GBP/JPY remains slightly bid ahead of this week’s FED, BoE and BoJ central bank meetings. Forex Euro Bank of Japan Pound sterling Japanese yen Federal Reserve EUR/USD consolidates above its $1.0806 multi-year low ahead of FOMC meeting EUR/USD keeps holding above Friday and Monday’s $1.0902 low, ahead of this week’s US Federal Reserve (Fed) meeting which is likely to lead to a new cycle of rate hikes with an anticipated 25 basis point (bp) increase in the target Fed funds rate. Failure at $1.0902 would probably lead to last week’s low at $1.0806 being back in the limelight. While $1.0902 holds, however, a gradual advance back towards the January low and last week’s high at $1.1121 to $1.1122 may ensue. Together with the two-month downtrend line at $1.1149 this area is likely to cap the upside, though. Further up the 55-day simple moving average (SMA) can be spotted at $1.1264. Source: IT-Finance.com EUR/GBP breaks through four-month downtrend line ahead of BoE rate decision EUR/GBP has broken through its four-month downtrend line at £0.8428 and risen above last week’s £0.8436 high as investors await the outcome of Wednesday’s Bank of England (BoE) rate decision. The market has priced in a third rate hike in a row, taking the base rate to 0.75%. The February peak at £0.8478 is now in focus, together with the 200-day SMA at £0.8482. Potential slips should see support at the late February £0.8408 high and also along the 55-day SMA at £0.8362.  Source: IT-Finance.com GBP/JPY is heading back up while awaiting BoE and BoJ meetings GBP/JPY is likely to continue its recovery from the ¥150.98 early March low and targets the one-month downtrend line, early March high and the 55-day SMA at ¥155.08 to ¥155.23 since the BoE is expected to raise rates by another 25 bp while the Bank of Japan (BoJ) is to remain dovish with no change expected. Minor support is found along the 200-day SMA at ¥153.35 and also between the January and early March lows at ¥152.91 to ¥152.67. Key support remains to be seen at the current March low at ¥150.98, a slip through which would put the December trough at ¥148.98 back on the map. Source: IT-Finance.com Axel Rudolph | Market Analyst, London 15 March 2022

Markets and investors are preparing for the first Fed rate increase since the pandemic, with further increases likely as the year goes on. Source: Bloomberg Forex Commodities Federal Reserve Inflation Federal Open Market Committee Price of oil In many ways, this meeting is not really about the first-rate increase. This is viewed as a near-100% certainty by markets, but the bigger questions are what comes next, and how will inflation react. This rise in the prices is putting pressure on homeowners, and further rises in interest rates will only exacerbate this pressure. 25 basis point increase in rates expected The most recent testimony from Powell suggested he would support a 25 basis point (bp) increase, but not a 50-basis point move. The outbreak of war in Ukraine has only increased the uncertainty around the global economy. Surging commodity prices have sent global inflation skyrocketing, and now the talk is of a possible recession for the US and the global economy. While this may be a way off yet, there is now a real possibility of a slowdown. What comes next? At present, investors expect The Federal Reserve Bank (Fed) to continue hiking rates throughout the year. But this time around, the FOMC may not move in the measured, 25-basis point fashion that it did during its last hiking cycle, before the COVID-19 pandemic. This time around, the Fed may have to be more aggressive in its moves. With inflation surging because of oil prices, consumers are feeling the pinch. But this is not the 1970s—the economy is less vulnerable to rising oil prices than it was, although it will still feel its effects. For now, it looks like the Fed will stick to a progression of 25 basis point increases. If inflation keeps rising, however, that will change. What does the Fed think about the economic outlook? Compared to 2021, when rates were not expected to move until 2023, the situation looks very different. Updated economic projections will be issued at this meeting, and we will get a chance to see how the committee views the outlook for the economy and inflation. This is a highly-fluid situation, so these forecasts may change significantly. Nonetheless, the Fed’s views will be closely-watched by investors. US dollar outlook The dollar has enjoyed a substantial rally into March and into the early days of the month. However, it may now be at risk of a short-term decline in the wake of the meeting. The wide gap between the price and the (rising) 50-day DMA at 0.9635 could be filled in the event of a near-term pullback. Nonetheless, the broader uptrend is still in place, with the latest rally having established a clear higher high. A pullback towards the 50-day simple moving average (SMA) would establish a higher low and leave the uptrend intact. Source: ProRealTime Chris Beauchamp | Chief Market Analyst, London 16 March 2022 00:37

Hi @PythonTrade86, I believe that the dealing desk didn't add the September options as they are further away, only the closest expiry would be available. But on demand they can make them accessible. I hope that it helps. If you have any options that are further away that you would like to trade please reach out to IG for them to be available to trade on the platform. All the best - Arvin

Hi @PythonTrade86, It seems that the dealing desk made the September Options available. Could you please advise if they are available on your side? Thank you - Arvin

Hi @Alex111, As mentioned above we do not have information on the withdrawal process. The payment and compliance team are processing the withdrawal request. It seems that yours request is being processed. It is an exceptional situation therefore the team is doing their best to process the withdrawals as soon as possible. If you have further question please reply to the email you received regarding this matter. Thank you for your patience - Arvin

Hi @als1963, Please send your screenshots to helpdesk.uk@ig.com our IT team will be able to investigate and come back to you accordingly. All the best - Arvin

Hi @BDS, IG can only book deals at market price. The dealing desk can't place a deal at for example 110 while the current price is 100 and use the 10 points as profit. The only revenue is made on commissions. If you place an limit or stop order for your order to be triggered at specific levels. More information here : https://www.ig.com/uk/help-and-support/spread-betting-and-cfds/orders--stops-and-limits/what-is-the-difference-between-a-stop-and-limit-order All the best - Arvin

Hi @NoForkInClue, Do you usually receive a text or email with a code you need to enter to confirm the bank transaction? Have you change mobile or email address recently? It seems that the system is unable to complete the 3DS secure process. Thank you - Arvin

The NASDAQ Composite index fell 2% today as US CPI inflation hit 7.9%, its highest since 1982. With interest rates expected to rise next week, a further correction could be on the cards. Source: Bloomberg Indices Commodities Inflation United States Federal Reserve Nasdaq Composite 2022 has not been kind to the NASDAQ Composite. After climbing from a covid-19 pandemic low of 6,880 points on 20 March 2020 to an intraday record of 16,212 points on 22 November 2021, it had dipped to 15,833 points by the start of this year. And it's now fallen another 20.5% to 12,581 points today. And along the way, it’s displayed nerve-wracking volatility. As US inflation rises, all eyes now turn to the US Federal Reserve. The higher rates go, the more the ability of the NASDAQ’s tech-heavy stocks to grow on cheap debt becomes constricted. Nasdaq Composite: record inflation Like the UK’s Bank of England, the US Federal Reserve is tasked with keeping the Consumer Prices Index inflation rate at 2%. After decades of economic wrangling, this figure appears to be the best middle ground between encouraging spending while maintaining currency value. But according to the Labor Department, the US annual inflation rate in February hit 7.9%, its highest since 1982. For context, this was the year that Argentina chose to invade the Falklands. Rising costs for energy, food and shelter drove the gains; and politically, this is dangerous for President Joe Biden, who is facing mid-term elections in November. These sectors are unavoidable rises, that disproportionately hit poorer Americans with less disposable income. The Federal Reserve is widely expected to increase interest rates as a result. Chair Jerome Powell is on the record saying he is ‘inclined to propose and support a 25-basis-point rate hike’ this month, and further that he is ‘prepared to move more aggressively’ if inflation remains stubbornly high. However, commenting on the crisis in Ukraine, Powell said the economic outlook is now ‘highly uncertain’ meaning the Reserve had to ‘proceed carefully as we learn more about the implications of the Ukraine war on the economy.’ And far from the complacency of ‘transitory’ inflation, Powell believes that even though there is ‘an expectation that inflation will peak and begin to come down this year,’ that ‘persistently high’ inflation would mean ‘raising the federal funds rate by more than 25 basis points at a meeting or meetings.’ Oil prices are a particularly sore point for Americans right now. Over the past 12 months, gasoline has increased by 38% and natural gas by 23.8%. As the Biden administration has now placed an embargo on Russian oil, which previously constituted 8% of its imported oil, further increases seem inevitable. And Kpler analyst Matt Smith warns ‘crude is used as an input to produce all manner of products,’ and will continue to drive inflation further. For example, grocery prices are up 8.6% year-on-year, the largest annual leap since 1981. Nasdaq Composite: rising rates Moreover, the Ukrainian crisis is likely to send US inflation soaring further. Commodities ranging from Wheat to Gold, Palladium, Aluminium, and Nickel are all at or close to multi-year highs, as a combination of sanctions and blockades restrict exports from the war-torn region. AllianceBernstein's Eric Winograd says ‘the numbers are eye-watering and there is more to come…the peak in inflation will be much higher than previously thought and will arrive later than previously expected.’ Meanwhile, Wells Fargo's Sarah House believes ‘inflation continues on at a blazing pace…consumers and policymakers remain in a deeply uncomfortable state as a result.’ And Paul Ashworth, chief US economist at Capital Economics, argues ‘given the spike in crude oil and gasoline prices since Russia’s invasion of Ukraine, (inflation) will climb well above 8% in March.’ Wells Fargo’s Director of rates strategy, Michael Schumacher, says ‘25 basis points next week seems just about a lock…Fed’s in a tough spot. It’s getting tougher by the day. It’s hard any time, but especially when you’ve got incredible inflation, and we’ve had the supply chain issues for a while, and now they’ve been exacerbated by Russia-Ukraine.’ Barclays Chief Economist Michael Gapen believes the US will see five rate hikes this year, as ‘we certainly have stagflation influences.’ Meanwhile, Daniele Antonucci, Chief Economist at Quintet, said ‘significant pressure on the Fed to hike by 25 bps at its March meeting…to reach 2-2.5% in the US over the next two years.’ As interest rates rise, the Nasdaq Composite seems set for further volatility. And with many sources of US inflation outside of internal control, the Federal Reserve could run out of easy choices. Trade what you want, when you want with the UK’s No.1 trading provider.* We have over 80 top global indices with more trading hours than anyone else. Find out more about indices trading or open an account to trade now. *Based on revenue excluding FX (published financial statements, June 2020). Charles Archer | Financial Writer, London 15 March 2022

Will Boohoo’s share price recover after trading turned a corner? Source: Bloomberg Shares Boohoo.com Retail Price Investor Brand Boohoo's share price jumped 17% on Thursday to 91.97p after the company surprised investors with an upbeat trading statement after last year’s profit warnings. Shares in the AIM-traded online fashion retailer collapsed from a high of 359p in April 2021 to just 74p last year after it warned profits would be lower than analysts’ forecast in September and December. In the three months to the end of February, the retailer saw net sales growth of 7% in the fourth-quarter (48% growth over 2 years) and growth of 14% for the full-year. Boohoo said that in the quarter, gross sales growth was strong - up 26% compared with the same period in 2021 and up over 50% (57%) compared with the same period in 2020. The company, which owns brands such as PrettyLittleThing and Coast, continued to be affected by higher return rates than expected. Management blames this on the “product mix” and says it expects this issue to continue into the first-half of 2023. Boohoo ‘returns to growth’ internationally Trading in the UK was strong, however, the digital retailer’s international performance is still being negatively affected by pandemic-related supply chain issues. Nevertheless, the company saw a return to growth in the rest of the world thanks to the performance of wholesale. Boohoo now expects to deliver adjusted EBITDA (earnings before interest, tax, depreciation and amortisation) of £125m, in line with the revised earnings guidance it gave at the previous profit warning in December. It posts full-year results in May. "The Group has delivered strong growth over the last two years, which has translated into significant market share gains,” John Lyttle, group chief executive told investors. “We are confident that pandemic-related headwinds are short-term in their nature and our focus is to ensure the business is well positioned for growth as these headwinds ease." These figures were in line with Boohoo’s previous pre-Christmas profit warning in its third-quarter trading update. At the time, the retailer told investors that it expected net sales growth to be 12% to 14%, compared to previous expectations of 20% to 25% for the year to 28 February 2022. Poor working conditions at Boohoo factories being addressed Boohoo has also been criticised for the poor treatment of the staff at its factories in Leicester. A number of ESG (sustainable) investors pulled out of the company following concerns about employee working conditions and safety issues around Covid. However, the company says it is working to improve matters through its Agenda For Change (A4C) programme, which is being overseen by retired judge, Sir Brian Leveson. Boohoo's suppliers now have to seek independent approval on sourcing and ethical compliance. Boohoo pulls out of Russia Along with a number of other retailers including ASOS and H&M, Boohoo has suspended trading in Russia in response to Putin’s invasion of the Ukraine. However, the company stressed that Russian sales were “not material” and comprised of less than 0.1% of group revenues. “Boohoo is deeply concerned about the tragic developments in Ukraine,” the board said in its statement. “Immediately following the invasion, the group suspended sales to Russia, and also closed its Russian trading websites.” Analysts raise price targets on Boohoo shares Following the brighter trading update, a number of analysts have raised their price targets on the shares. Broker Deutsche Bank issued a buy rating and set a price target of 230p, while analysts at Liberum think the shares could hit 200p. Shore Capital also reiterated its ‘buy’ rating on Boohoo. The broker points to the retailer’s “structurally higher EBITDA (earnings before interest, depreciation and amortisation) margin” [compared to] others outlets which also sell third party brands because of its own label focus. Analysts there expect the company’s performance to improve once supply chain issues ease. “Faster delivery times remain the critical competitive advantage, while the recent extension into mid-market brands should inoculate boohoo from competitive threats,” the analysts commented. “Boohoo has demonstrated a great degree of adaptability and built a portfolio of brands (organic and acquired) that allow it to focus on a broader market with enhanced segmentation.” The online retailer will have to contend with continued inflationary headwinds and the likely margin squeeze. However, with Boohoo’s shares down 70% this year, they are a speculative buy on recovery hopes. Go short and long with spread bets, CFDs and share dealing on 16,000+ shares with the UK’s No.1 platform.* Learn more about trading shares with us, or open an account to get started today. * Best trading platform as awarded at the ADVFN International Financial Awards 2021 IG Analyst 15 March 2022

Hi @DarkMatter731, Both ETF were added on share dealing accounts by the dealing desk. All the best - Arvin

Hi @Bossako, If your bank account is in USD you can transfer back in USD. If your account is in another your USD will be converted to your bank base currency at best rate. You can convert USD to your base currency on My IG > Live accounts > Currency conversion, you can also check the rate there. All the best - Arvin

Hi @Marteen, Could you please share a screenshot of your MT4 charts with us? We will be able to have a look and come back to you. Thank you - Arvin

Hi @DarkMatter731, Both ETF request were submitted. All the best - Arvin

Please see the expected dividend adjustment figures for a number of our major indices for the week commencing 14th March 2022. These are projected dividends and likely to change. IG cannot be held responsible for any changes made. Dividends highlighted in red include a special dividend, therefore some or all of the amount will not be adjusted. Amount in brackets is the expected adjustment after special dividends excluded (where shown on major indices). Dividend adjustments due to be posted on a bank holiday will usually be posted on the previous working day. 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. Index Bloomberg Code Effective Date Summary Dividend Amount TOP40 AGL SJ 16/03/2022 Special Div 0.5 UKX AAL LN 17/03/2022 Special Div 0.5 How do dividend adjustments work? This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.

Hi @mcxyz, It is likely that you order was filled under a Day expiry. At the end of the day you order will be partially filled if it was not filled earlier, and the order will be closed. Therefore only 38 shares were available at the end of the day. You can place a Good'til Cancelled order , your order will stay open until filled. But keep in mind that a commission applied every time that your order is partially filled as it is a deal. I hope that it helps. All the best - Arvin

Hi @Alex111, The is no decisions made at this point as the situation is evolving day to day. For example Visa and MasterCard withdrawn their business in Russia. It will be more complicated to return funds back to cards. Our team in charge of Payments and the Compliance team will have more information on the matter. Thank you - Arvin

Japanese yen may remain at risk to US Dollar despite Ukraine tensions; US inflation may continue surprising higher, keeping the Fed on the edge and USD/JPY faces an ascending triangle chart formation. Source: Bloomberg Forex Japanese yen United States dollar USD/JPY Inflation Government bond USD/JPY maintains its footing despite Russia’s attack on Ukraine, what’s next? All things considered, the Japanese yen has not been holding up relatively well against the US dollar since Russia commenced its attack on Ukraine. Sure, you will find corners of the forex market where the anti-risk JPY absolutely crushed its major peers. These primarily include the Euro and British Pound. Meanwhile, the sentiment-linked Australian and New Zealand dollars soared against JPY. EUR and GBP, which soared as tensions in Ukraine cooled in recent days, still remain vulnerable to escalation risk. AUD and NZD have been gaining despite their sensitivity to deteriorating risk appetite, likely due to rising commodity prices. In my eyes, this leaves yen crosses like EUR/JPY, GBP/JPY, AUD/JPY and NZD/JPY vulnerable to heightened volatility. USD/JPY could be a better defensive play. On the 4-hour chart below, USD/JPY can be closely seen following the spread between United States and Japanese 10-year government bond yields. Both currencies tend to take on a ‘haven’ role in forex markets. As Russia invaded Ukraine, traders flocked to both fiat units. What gave, and still likely does, the Greenback an edge over the yen is a hawkish Federal Reserve. Unfortunately for the central bank, the crisis in Ukraine is propping up commodity prices, especially oil, acting as a supply shock. This will likely boost inflation in the near-term, leaving the Federal Reserve in a tough spot. On Thursday, headline US CPI is expected to clock in at 7.9% y/y for February, up from 7.5% prior. A few firms are also predicting prices to rise 8%. Despite tensions in Ukraine, the Fed is all set to raise benchmark lending rates next week, with quantitative tightening to likely follow soon. High inflation in the near-term may thus continue to favor the US dollar relative to the Japanese yen, especially if front-end Treasury yields remain elevated. The 2-year rate just closed at its highest since late 2019, clocking in at 1.66%. USD/JPY versus US-Japan 10-year government bond yield spreads Source: TradingView USD/JPY technical analysis daily chart On the daily chart, USD/JPY appears to be trading within the boundaries of an ascending triangle chart formation. The pair is approaching the ceiling of the triangle, which sits around 116.35. A breakout to the upside may open the door to uptrend resumption, exposing the 100% and 123.6% Fibonacci extensions at 117.29 and 118.19 respectively. Then the December 2016 peak at 118.66 will kick in. In the event prices turn lower, the floor of the triangle, which is a rising trendline, may maintain an upside focus. Still, a breakout under the triangle could have bearish consequences. Such an outcome would place the focus on the current 2022 low at 113.47 before the 112.53 – 112.83 support zone kicks in. Source: TradingView This information has been prepared by DailyFX, the partner site of IG offering leading forex news and analysis. This information Advice given in this article is general in nature and is not intended to influence any person’s decisions about investing or financial products. The material on this page does not contain a record of IG’s trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. Daniel Dubrovsky | Currency Analyst, DailyFX, San Francisco 10 March 2022

Asia-pacific markets eye rebound after US stocks surge on war risk pullback; Chinese new yuan loans data for February seen falling from record high and BTC/USD looks primed to test the 100-day SMA after breaking 40,000. Source: Bloomberg Forex Bitcoin BTC/USD United States China Cryptocurrency Thursday’s Asia-Pacific outlook Bitcoin pushed higher overnight as US stocks rallied after dip buyers moved off the sidelines and hit the buy button. BTC/USD rallied nearly 10% while the benchmark S&P 500 index closed 2.6% higher, its best single-day percentage gain since June 2020. The safe-haven US dollar retreated by more than 1%, and WTI crude prices fell 12% through the New York trading session. Iron ore and other industrial metal prices pulled back but not enough to drag AUD/USD lower. Asia-Pacific stocks will likely benefit from the risk-on tone. China’s tech-heavy CSI 300 index will look to break a 6-day losing streak. Asian equity markets are thought to be relatively insulated from Western markets regarding Russian sanctions, but the pullback in market sentiment proved too much for prices over the past week. A major risk driver was Ukrainian President Zelensky’s speech overnight when the embattled President renewed his desire to negotiate an end to the war with Russia. China will report new yuan loans data for February today, with the figure expected to drop to CNY1.45 trillion from January’s record high CNY3.98 trillion, according to a Bloomberg survey. The pullback from January isn’t unusual given seasonal factors that encourage Chinese lenders to front-load loans in January. Today’s data follows inflationary gauges released yesterday that showed factory-gate prices easing from the prior month although still elevated historically. Elsewhere, bitcoin and other major cryptocurrencies may continue gaining today as traders evaluate US President Joe Biden’s executive order (EO) aimed at regulating the industry. The EO appears much less intrusive than some feared, with it mainly directing federal agencies to evaluate crypto's role in money laundering and terrorist groups. One bright point is that it instructs the Commerce Department to research how cryptocurrencies might help support US competition in the global economy. Overall, it appears the government is taking an approach to coexist with crypto, not stamp it out. Australia’s March consumer inflation expectations crossed the wires at 4.9% this morning, up from 4.6% in February. Final building permits for January are due out later. Outside of Chinese lending data today, the economic calendar offers little in the way of potentially impactful events. However, the European Central Bank is expected to hold rates steady tonight, and US inflation data will follow later in the evening. BTC/USD technical forecast BTC/USD pierced above the 40,000 psychologically level overnight, and prices look primed for an attack on the falling 100-day Simple Moving Average (SMA). A break above that level would open the door to test the high-profile 200-day SMA, with potential intermediate resistance from the 61.8% and 78.6% Fibonacci retracement levels. Alternatively, a pullback will put the 40,000 level back into focus as potential support. The MACD oscillator is on the cusp of crossing above its signal line, a bullish momentum sign. BTC/USD daily chart Source: TradingView This information has been prepared by DailyFX, the partner site of IG offering leading forex news and analysis. This information Advice given in this article is general in nature and is not intended to influence any person’s decisions about investing or financial products. The material on this page does not contain a record of IG’s trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently, any person acting on it does so entirely at their own risk. Thomas Westwater | Analyst, DailyFX, New York City 10 March 2022

Hi @wfred, If I understand your question correctly, you can't place an order to place another order. If you are going long you would buy at lower price so 33000 and sell at higher price 33100. Feel free to add some clarifications. All the best - Arvin

Hi @Robhalo @Occam, There isn't any update at this point, the matter is reviewed continuously. We will provide you with further information as soon as possible. Thank you for your patience - Arvin

After recent losses, EUR/USD and GBP/USD have pushed on in early trading, recouping some lost ground, while USD/JPY is moving higher for a third day. EUR/USD edges higher EUR/USD has made some headway from its recent lower low, and might be in the process of building a short-term rebound. Having been so overstretched to the downside, a short-term recovery could be quite swift, but it will need to make much more progress above $1.12 to really establish a more neutral view that could prompt a longer-term turnaround. Source: ProRealTime GBP/USD stabilises after losses GBP/USD price has managed to edge up from $1.31, potentially putting a recovery back towards steep trendline resistance into view. This could take it as far as $1.32. Above this, a more short-term bullish view will develop, as a counter-trend rebound gets underway. Source: ProRealTime USD/JPY pushes to one-month high The steady gains have been seen here with USD/JPY over the week so far, and having moved above the late February resistance around ¥115.70 a more cautiously bullish view prevails. The 2022 highs towards ¥116.30 now come into view. Source: ProRealTime Chris Beauchamp | Chief Market Analyst, London 09 March 2022