Christopher Vecchio | Analyst DFX | IG South Africa

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Established in 1974 313,300+ clients worldwide 17,000+ markets

The date of the US dollar, the Dow, and gold after US midterms, US inflation data
The US dollar, US stocks, and gold prices have had a relatively tame response to the US midterm elections and the October US CPI report due on Thursday might be the more important event for financial markets this week.
Christopher Vecchio, Publication date : 2022-11-10T00:41:37+0000
Central bank watch: BOC, RBA, & RBNZ interest rate expectations update
Retail trader positioning suggests that AUD/USD rates have a bearish bias, NZD/USD rates have a mixed bias, and USD/CAD rates have a bullish bias.
Christopher Vecchio, Publication date : 2022-10-14T02:58:22+0100
Gold price forecast: US CPI sparks next leg lower - levels for XAU/USD
Gold prices are barely holding above 1700 after the August US inflation report surprised markets; the US dollar rebound, alongside higher US Treasury yields and US real yields, is weighing on gold prices.
Christopher Vecchio, Publication date : 2022-09-14T03:06:12+0100
New Zealand dollar forecast: potential for turn higher - NZD/JPY, NZD/USD
NZD/JPY rates continue to consolidate in a multi-month range as well as an ascending triangle after an uptrend, while NZD/USD rates may be forming a morning star candlestick pattern in recent days.
Christopher Vecchio, Publication date : 2022-08-24T03:44:26+0100
Top 5 events: Australia inflation rate; US durable goods; Fed meeting; US GDP; Eurozone GDP
Christopher Vecchio, Publication date : 2022-07-26T04:11:50+0100

Christopher Vecchio

Christopher started trading in equities in 2004 and FX in 2008 and has worked with DailyFX, the partner site of IG offering leading FX news and analysis, since attending college in 2008, beginning with an internship.

He has consulted multi-national firms on FX hedging, has lectured at Duke Law School on FX derivatives trading and has completed a Bachelor in Economics and Bachelor in Political Science degree from Lafayette College.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. Clients can lose more than they deposit. All trading involves risk.

IG is a trading name of IG Markets Ltd and IG Markets South Africa Limited. International accounts are offered by IG Markets Limited in the UK (FCA Number 195355), a juristic representative of IG Markets South Africa Limited (FSP No 41393). South African residents are required to obtain the necessary tax clearance certificates in order to utilise their foreign investment allowance should the South African resident wish to open an offshore account with IG Markets Limited.

IG provides execution only services and enters into principal to principal transactions with its clients on IG’s prices. Such trades are not on exchange. IG Markets South Africa Limited is an authorised financial services provider (FSP No 41393). Whilst IG Markets South Africa Limited is a regulated FSP, CFDs issued by IG are not regulated by the FAIS Act as they are undertaken on a principal-to-principal basis.

IG Markets South Africa Limited is an authorised over-the-counter derivative provider and is regulated by the Financial Sector Conduct Authority.

The information on this site is not directed at residents of the United States or Belgium or any particular country outside South Africa and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Voted SA’s top CFD provider in Business Day Investors Monthly Annual Stockbroker Awards in 2012, best platform for Active Day Traders in 2013 and 2014, SA's best Online Broker in 2015 and 2017 and SA's best CFD provider in 2020 as well as SA's Top CFD Broker in 2021.