{"id":20983,"date":"2017-05-03T17:51:16","date_gmt":"2017-05-03T12:21:16","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=20983"},"modified":"2017-05-03T18:11:05","modified_gmt":"2017-05-03T12:41:05","slug":"french-presidential-elections-change-in-leverage","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com\/blog\/french-presidential-elections-change-in-leverage\/","title":{"rendered":"French Presidential Elections &#8211; Change in Leverage"},"content":{"rendered":"<table align=\"center\" bgcolor=\"#ffffff\" border=\"0\" cellpadding=\"0\" cellspacing=\"0\" class=\"row\" style=\"color: rgb(119, 119, 119); font-family: Arial, Helvetica, sans-serif; font-size: 12px; border-collapse: collapse; border-spacing: 0px; max-width: 100%;\" width=\"600\">\n<tbody>\n<tr>\n<td style=\"border-collapse: collapse; padding-left: 30px; padding-right: 30px; padding-bottom: 32px; line-height: 15pt;\">\n\t\t\t\t<br \/>\n\t\t\t\t<b>Dear Trader,<\/b><\/p>\n<p>\n\t\t\t\t\tAs you may be aware, the second round of the&nbsp;<font color=\"#2e8b57\"><b>French presidential election<\/b><\/font>&nbsp;will take place on&nbsp;<font color=\"#2e8b57\"><b>Sunday 7th of May<\/b><\/font>. As this is seen as a significant event, it will provide traders with increased opportunities, but also increased risk due to the event taking place over the weekend. There is high potential for extreme market volatility, particularly for currency pairs based in&nbsp;<font color=\"#2e8b57\"><b>EUR<\/b><\/font>.&nbsp;\n\t\t\t\t<\/p>\n<h3 style=\"color: rgb(46, 139, 87) !important; padding: 0px 0px 5px; margin: 0px 0px 5px;\">\n\t\t\t\t\tWhat does this mean?<br \/>\n\t\t\t\t<\/h3>\n<p>\n\t\t\t\t\t<font color=\"#2e8b57\"><b>High volatility<\/b><\/font>&nbsp;is expected to be seen in the financial markets during this weekend, prices could move several hundred pips in a matter of seconds or minutes. Clients holding positions in&nbsp;<font color=\"#2e8b57\"><b>EUR pairs<\/b><\/font>&nbsp;should be cautious and closely monitor any open positions&nbsp;\n\t\t\t\t<\/p>\n<h3 style=\"color: rgb(46, 139, 87) !important; padding: 0px 0px 5px; margin: 0px 0px 5px;\">\n\t\t\t\t\tWhat should you do?<br \/>\n\t\t\t\t<\/h3>\n<p>\n\t\t\t\t\tWe recommend clients reduce exposure going into the weekend, especially on the EUR crosses.&nbsp;<br \/>\n\t\t\t\t\tIn order to protect clients from adverse effects,&nbsp;<font color=\"#2e8b57\"><b>IC Markets&#39;<\/b><\/font>&nbsp;risk management team has decided to make this leverage change due to changing market conditions, as follows:&nbsp;<br \/>\n\t\t\t\t\t<img decoding=\"async\" src=\"http:\/\/icmarkets.com\/newsletter\/881\/Leverage.png\" style=\"border: 0px; max-width: 100%;\" \/>\n\t\t\t\t<\/p>\n<p>\t\t\t\tThese changes will be applied to all positions on&nbsp;<font color=\"#2e8b57\"><b>Friday 5th May 00:00 server time (GMT + 3)<\/b><\/font>. They will remain in effect until&nbsp;<font color=\"#2e8b57\"><b>Monday 8th 00:00 server time (GMT + 3).<\/b><\/font>&nbsp;<\/p>\n<p>\n\t\t\t\t\tSpreads are likely to be extremely volatile and may widen during this period. Traders should be aware of those factors that may affect hedged positions.\n\t\t\t\t<\/p>\n<p>\n\t\t\t\t\tWe will carefully monitor market volatility and should there be any further changes, we will contact you via email, MT4, or by changes on our website.&nbsp;\n\t\t\t\t<\/p>\n<p>\n\t\t\t\t\tIf you have any questions or require any assistance, please contact one of our support team members via&nbsp;<a href=\"https:\/\/secure.livechatinc.com\/licence\/1605601\/open_chat.cgi?groups=0\" style=\"color: rgb(46, 139, 87);\" target=\"blank\"><font color=\"#39b01e\">Live Chat<\/font><\/a>, email:&nbsp;<a href=\"mailto:support@icmarkets.com\" style=\"color: rgb(46, 139, 87);\"><font color=\"#39b01e\">support@icmarkets.com<\/font><\/a>, or phone +61 (0)2 8014 4280.&nbsp;\n\t\t\t\t<\/p>\n<p>\n\t\t\t\t\tKind regards,&nbsp;<br \/>\n\t\t\t\t\tIC Markets Team\n\t\t\t\t<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Dear Trader, As you may be aware, the second round of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13897,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[197],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/20983"}],"collection":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/comments?post=20983"}],"version-history":[{"count":4,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/20983\/revisions"}],"predecessor-version":[{"id":20987,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/posts\/20983\/revisions\/20987"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media\/13897"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/media?parent=20983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/categories?post=20983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com\/blog\/wp-json\/wp\/v2\/tags?post=20983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}