-
-
Posts
-
Sainsburys full year earnings and Unilever’s first quarter trading update both say the same thing, UK consumers are in for higher prices. The war in Ukraine, supply chain issues and the effects of ongoing Covid all to blame. -
US Dollar (DXY) Daily Price and Analysis US Q1 GDP may stall the greenback’s advance. A 20-year high nears for the US dollar. The multi-month US dollar rally continues with the greenback printing a fresh high today ahead of the first look at US Q1 GDP at 12.30 GMT. The US dollar basket (DXY) has been boosted by renewed weakness in the Euro and the Japanese Yen, as investors move from lower-yielding to higher-yielding currencies, while safe-haven flows continue to benefit the greenback. The US growth release later in the session is expected to show a sharp slowdown from the robust Q4 figure of 6.9%. The markets are currently pricing in growth of just 1% for the first three months of this year, with the slowdown mainly due to a reduction in inventory accrual over the quarter. This release is unlikely to move the greenback, unless there is a large miss or beat, as the Fed believe that 2022 US growth will be robust enough to let them tighten monetary policy sharply without damaging the economy. The latest US Core PCE data – the Fed’s preferred inflation reading – is released on Friday and this may have more effect on the US dollar than today’s GDP data. For all market moving economic data and events, see the DailyFX Calendar. The ongoing US dollar rally has been aided by weakness across a range of G7 currencies including the Euro, the Japanese Yen, and the British Pound. The Euro continues to battle with lowly growth expectations, exacerbated by energy concerns, the British Pound is mired by weak economic data, while the Japanese Yen is in freefall as the BoJ continues with its ultra-loose monetary policy. The US dollar continues to press higher and looks set to break above 103.96, the March 2020 high. Above here the US dollar would be back at levels last seen nearly two decades ago. The March resistance will likely hold in the short-term, especially with month-end portfolio rebalancing at the end of the week, but US dollar strength is set to continue in the months ahead. USDOLLAR (DXY) WEEKLY PRICE CHART – APRIL 28, 2022 {{THE_FUNDAMENTALS_OF_BREAKOUT_TRADING}} What is your view on the US Dollar – bullish or bearish? Apr 28, 2022 | DailyFX Nick Cawley, Strategist
-
While Tesla has nothing directly to do with Elon Musk buying Twitter - TSLA stock closed down 12% on news that Musk may have to sell stock and use other holdings to stand against the loan to finalise the purchase of the social media giant.
-
Question
newusername
From: "" <>
Date: 10 Nov 2017 4:52 pm
Subject:
To: "IG Client Services Helpdesk" <helpdesk.uk@ig.com>, "IG" <helpdesk.ae@ig.com>
Cc:
Hi
Kindly note that the rebate of 10% is always applied to the account extremely late during the day of 10th can you do something about it????
Stop on Funding by credit card:
Without any prior notice that IG will not accept funding by credit card is shocking to me when i tried to do it today. One thing is sure that IG will soon be loosing all individual customer in this part of the world including myselves. Friday IG dont get any wire transfer in uae as the banks are close debit cards have limited limit compared to credit cards and markets are specially busy on friday as we all know all important economic data comes out from usa on friday.
A bad move which is bound to substantially decrease IG customers in UAE. I know the song will be sung on the name of regulators, central bank and all big institutions which is a normal habit everywhere.
Anyway i look forward to probably my last rebate as this ship will sink in uae a sad end offcourse compared to such a good business they are doing in uk.
Your sincere customer
Link to comment
1 answer to this question
Recommended Posts
Archived
This topic is now archived and is closed to further replies.