Currency

FX traders brace for RBA minutes, ahead of the FOMC. Oil traders eye API crude oil inventories as they wait for clarity around OPEC+ output policy.

2024-05-20T15:31:51+0100

​​​AUD/USD, GBP/USD confirm medium-term uptrends as key resistance is breached while USD/JPY slips.​​

2024-05-16T10:53:57+0100

We would like to go long the TUI Daily Financial Bet (DFB) following positive H1 2024 results and a bullish chart picture with an upside target at 700.0 and a stop loss below the March low at 515.5.

2024-05-15T13:30:18+0100

This week IG's Chief Market Analyst, Chris Beauchamp, looks at USD/CAD, going long at C$1.3677 with a stop at C$1.36, in expectation of a move higher on US dollar strength.

2024-05-13T13:57:44+0100

US stock index futures pare losses after weekly jobless claims data. Traders now eye remarks from San Francisco Fed President Mary Daly and the upcoming Michigan consumer sentiment reading.

2024-05-09T14:38:59+0100

The OECD recently said that Australia should hold rates higher for longer. This has manifest itself in a stronger Australian dollar. IGTV’s Jeremy Naylor looks at an area where trading volatility may spike around AUD/NZD.

2024-05-03T15:09:54+0100

The mood of the markets will be dominated by the key US jobs report after the Fed signalled that a cut in interest rates would be depend on whether the US central bank has made significant progress in getting inflation down.

2024-05-02T15:38:11+0100

Investors heave a sigh of relief after the Federal Reserve left interest rates unchanged and allayed worries around potential rate hikes. Qualcomm issues an upbeat Q3 outlook.

2024-05-02T15:21:29+0100