The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). ECB just winked to the hawks The European Central Bank (ECB) will not discuss about what to do with its Quantitative Easing (QE) program until the end of summer. President Mario Draghi said that…
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The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). Oil prices are having hard time to keep their head above the water. The energy markets were hit by several waves of sell-off since the beginning of the year and the news flow is…
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The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The euro is fueled by speculations that the European Central Bank (ECB) will soon announce a plan for the future of its Quantitative Easing (QE) program, which is due to end in September this…
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The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). June has been full of surprises for currency traders as some of the leading central banks displayed a significant shift in their policy or rhetoric that could be a game changer for the rest…
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The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The Federal Reserve (Fed) raised the interest rates by 25 basis points as widely priced in by the US and the global markets. The FOMC hinted at another rate hike before the end of…
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The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The Reserve Bank of Australia (RBA) maintained its cash rate target at 1.50% as widely expected by analysts. The policy decision triggered little enthusiasm both in the hawkish and the dovish camp. Mixed policy…
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The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The Australian dollar is recognized as the best proxy for trading the Chinese economy, as the Chinese Yuan is not freely traded. The Reserve Bank of Australia’s (RBA) former Governor Glenn Stevens has said…
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The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). The FBI investigations on an eventual Russian influence on the US 2016 election and the outcome are taking their toll on the US stock markets. There are rising voices that President Donald Trump could…
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The following article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). Oil markets show signs of optimism into the next OPEC meeting due on May 25th. The price of a barrel of WTI plunged by 23% in April, on worries that the OPEC’s outcome cut…
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The article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). Gold recorded its biggest weekly loss since November, as the Federal Reserve (Fed) kept the June interest rate hike expectations alive at its April meeting. Gold was sitting on the critical $1’257/1’252 support (38.2% retracement…
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