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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LeapRate Exclusive... LeapRate has learned that UK online brokerage London Capital Group Holdings plc (LON:LCG) has continued to build its management team, hiring forex industry veteran Emilio Lobo as its new Head of Business Development. Mr. Lobo spent the last year consulting on MiFID II product development and compliance. From 2013-2016 he ran the IronFX representative…
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Germany financial regulator BaFin has issued its final set of new rules to govern leveraged Forex and CFD trading, following proposals issued by BaFin back in December. And, much to the chagrin of both Forex and CFD traders in the country, as well as the brokers who serve the German market, BaFin stayed the course…
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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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The major question is who, between Francois Fillon and Emmanuel Macron, will be racing against Le Pen?
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This article was written by Ipek Ozkardeskaya, Senior Market Analyst at FCA regulated broker London Capital Group Holdings plc (LON:LCG). Gold traded at $1295.56 on Monday, the highest level since Donald Trump’s election triggered the ‘reflation’ rally across the global asset markets and the US yields. After reaching their highest by mid-March, the US 10-year…
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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) Chair Janet Yellen said the last word on the US’ monetary policy outlook. The ‘appropriate stance of policy is now closer to […] neutral’ according to Janet Yellen. Hence, the…
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From a technical point of view, there is potential for a deeper downside correction.
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