IC Markets

Ruble remains strong ahead of OPEC meeting 0

After Trump’s victory in the United States Presidential Elections, the Greenback was unable to hold onto their profits made against Russian Ruble. The main reason behind this thing is the recovery in crude oil prices. It led to a fall

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Financial Institutions Looking To Move To Europe post-Brexit 0

Post-Brexit, some different financial centres spread in Europe have started handling inquiries from financial firms about the setting of the operations. This information has been revealed by a senior executive from a fiscal, regulatory body in France. After the United

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Pound turns weak on decline in manufacturing PMI 0

A rally in the Pound against Greenback and other rivals currencies was ensured after relative undervaluation in relationships with global bond yield differentials, 1-year high growth in GDP of 2.3% in 3rd quarter of the fiscal year 2016 and 11-year

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US Dollar Continues To Do Well Against Major Currencies 0

The US Dollar has surged to 11-month high figure after the recent win of Donald Trump in the Presidential elections of USA. There is an upward trajectory retained by the currency on the back of higher US bond yields and

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Increase in Dairy Prices Turns New Zealand Dollar Bullish 0

On 10th of October 2016, we had recommended going short in NZD/USD pair near 0.7180 price level. For traders in the binary options market, we had suggested buying one touch put option with target level more than 0.7030. Within five

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Global Investors Concerned About Possible Donald Trump Victory 0

Hilary Clinton, the Democratic Presidential nominee, seems to be a clear winner at the end of the October month. She is leading her way against her competitor Donald Trump as she has a strong lead in polls. Interestingly, the poll

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Declining Trend in China’s Forex Reserves Continues In September 0

For the 3rd straight month in September, the Foreign Exchange reserves of China have dipped low. This decline was more than the excepted level, and it has created a cause of concern among the industry analysts. This sharp fall is

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China To Curb ‘Fake’ Overseas Merger & Acquisition Deals 0

China is making attempts to suppress the fake international acquisition and merger deals that local companies are using for moving assets outside the nation. Previously, China has put into action few capital controls to clamp down the capital flow outside

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FFA UK Campaign Provides Strategies To Counter Financial Scams 0

The increasing cases of financial fraud in the United Kingdom have compelled Financial Fraud Action UK (FFA UK) to launch campaign for educating people about its dangers. The FFA is a group that represents the payment industry in the UK.

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RBS Now Set to Charge Financial Institutions To Hold Cash 0

It has been announced by the RBS (Royal Bank of Scotland) that they would be charging a fee from major financial institutions for holding onto cash on their behalf. Before this, no bank has ever charged for deposits. After the

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