Trade

EUR/USD seems to have resumed its medium-term uptrend with the $1.1000 region remaining in focus. We would thus like to go long EUR/USD around $1.0860 with a stop loss at $1.0803, marginally below last week’s low.

2024-05-28T13:02:50+0100

Inflation data continues to be a thorn in the side of central banks around the world, and, for this reason, German consumer prices on Wednesday 29 May are a target.

2024-05-24T11:26:46+0100

After an eventful week when the Dow briefly crossed the 40,000 milestone, traders now brace for a week rammed with Fed speakers, global manufacturing and services flash PMIs and housing starts for clues on Fed rate cuts timing.

2024-05-17T16:07:34+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

The pound hunkers down ahead of the Bank of England rate decision. The BoE’s quarterly report will be key. Ahead of that, markets currently see 11% chance of BoE rate cut. China releases its latest trade balance print.

2024-05-08T15:16:32+0100

Traders eye the latest Fed commentary for clues as to figure out the landscape for US interest-rate cuts. Some chip stocks bounce back after a recent selloff.

2024-04-18T15:17:14+0100

We would like to let you know that our hypothetical trades have so far gained over 33% year-to-date while risking 2% of capital per trade.

2024-04-17T12:31:14+0100

The big three inflation data points are out in the UK on Wednesday 17 April and will likely provide some volatility for sterling.

2024-04-12T08:55:48+0100