In the 16th century, in England, there was a law that required every homeowner to own a hammer. With this law in place, in case of a fire, every citizen had the necessary tools to help put out the flames. Imagine if every trader had to use a hammer strategy in case of market fluctuations.
The European Central Bank says a rate hike may take longer than expected.
2023 The first Trading.Live Trading Impact Awards Ceremony was grandly held on May 14 in Kuala Lumpur, Malaysia. At this conference, AUS GLOBAL won the 2023 Trading.Live "Best Trading Environment Award".
Top 5 things to watch in markets in the week ahead
Spot gold rose slightly during the Asian session on Monday (May 15) and is currently trading near $2016 per ounce. Fears of a U.S. debt default and worries about a global recession are providing safe-haven support to gold prices.
Last Friday, spot gold fell first and then rose, narrowly holding the $2000 mark; However, during the US trading session, there was a slight rebound and it briefly reached the 2020 level, ultimately closing 0.2% lower, ending two weeks of continuous gains and closing at $2010.86 per ounce. Spot silv
FP Markets receives the prestigious accolade of ‘Best CFD Broker in Africa’ at the FAME Awards 2023, part of the Finance Magnates Africa Summit (FMAS23).
Successful forex trading isn’t just about analyzing multiple currency pairs and correlations. It’s important to think beyond and broaden your focus on intermarket forex correlations like how commodities like Gold, Crude oil, Bonds, and Equities markets affect the forex market. Join me as I cover three crucial forex correlations and how you can leverage them to your advantage in forex trading!
Emerging market currencies have been in the spotlight since 2023, with many investors optimistic that this year could bring some relief after a rough 2022. According to a survey of 40 foreign exchange strategists, emerging currencies are expected to drift higher in the coming months thanks to improved global growth prospects in 2023.
On January 22, 2023 at 8:00 a.m, local time in the United States, AUS GROUP successfully landed on the NASDAQ Billboard in Times Square, New York, and played more than 200 times throughout the day. We are also honored to receive the 2022 Most Valuable Brand Award, and celebrate the joy of the Group’s 20th anniversary with global investors in advance!
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
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As another affirmation of its industry-leading position, the award-winning broker has revamped its trading conditions and presented a refreshed website.
During the Asian session on Friday (May 12), spot gold oscillated slightly lower, extending the overnight decline, once hitting a near one-week low of $2008.43 per ounce, and is now trading near $ 2009.73. While fears of a U.S. debt default gave gold prices safe-haven support, the U.S. dollar attracted a greater influx of funds. The U.S. hit a new high of more than a week overnight, putting pressure on gold prices; and Minneapolis Fed President Kashkari mentioned the possibility of keeping inter
As the financial markets continue to evolve and expand, trading companies play a crucial role in facilitating transactions and providing valuable services to various market participants. One such company that has gained recognition in the industry is AUS Global, a leading global trading company that specializes in offering comprehensive services to introducing brokers.
On Thursday, spot gold rose and then fell after data showed a jump in U.S. initial jobless claims last week and the smallest year-over-year increase in April PPI data in more than two years, gold prices rose slightly; but it soon gave back all the gains and once fell to an intraday low of 2011.19, finally closing down 0.76% at $2014.96 per ounce. Spot silver fell more than 4% during the day, eventually closing down 4.77% at $24.18 per ounce.
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Italy - 05/11/2023 - We are thrilled to announce that Claudio, a prominent figure in the Forex industry, has been honored with the prestigious Industry Elite of the Year award by WikiFX, the leading financial information platform. This recognition is a testament to Claudio's exceptional contributions, leadership, and expertise in the industry.
On Thursday (May 11), spot gold narrowly oscillated during the Asian session and is currently trading at 2032.70. Overnight inflation data is worse than expected by the market, the market is generally expected to the Fed will suspend interest rate hikes in June; market concerns about the U.S. debt default continued, which provide support for gold prices. However, the overall level of U.S. inflation is still high, so the Fed is unlikely to cut interest rates in the short term, which make the bull
On Wednesday, spot gold shocked downward, after the release of April CPI data, gold short sharply pulled more than $15, and once approached the $2050 mark. Perhaps because the core CPI remains stubborn, the market optimism that the Fed will cut interest rates this year has faded, gold then retracted all the gains due to CPI data, and once fell below the $2030 mark; and then some recovery, and finally closed down 0.2% at $2030.37 per ounce. Spot silver closed down 0.8% at $25.39 per ounce.