On Tuesday (January 30), the US dollar index hit a new high since last month's Fed interest rate meeting during trading yesterday, but then turned sharply downwards, close to giving back all of the day's gains, and finally closed near the intraday low at 103.47.
Market demand for safe-haven assets increased With the Japanese yen and gold showing relatively strong performance
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Record Highs in U.S. Stocks, Forex Movements, and Technical Analysis Breakdown
WCG Markets:2024-01-30
On Monday (January 29), the Fed will announce its interest rate statement decision at 3am on Thursday. According to the CME "Fed Watch" tool, the probability of the Fed maintaining interest rates in the 5.25% -5.50% range in February is 96.9%,
Last Friday, the Fed's most favored inflation indicator cooled off more than expected, but the market is concerned that strong personal spending will keep policymakers cautious about cutting rates. The U.S. dollar index rebounded after the release of the PCE data and came close to recovering its intraday losses, eventually closing down 0.023% at 103.46, but recording a weekly fourth consecutive positive; 10-year U.S. bond yields accelerated upward in the U.S. trading session, eventually closing
Demand expectations strengthen, driving up oil prices. Shale oil production activities slow down, leading to increased divergence between the International Energy Agency and OPEC.
U.S. consumers continue to show resilience This might lead the Federal Reserve to stay on hold for a longer period
A comprehensive overview of the latest market trends, stock performances, and currency movements, providing valuable insights for informed decision-making.
WCG Markets:2024-01-29
The Chinese government has taken measures to boost the stock market, yet the market still faces challenges, and investors should proceed with caution.
On Friday (January 26), US Treasury Secretary Yellen said on Thursday that inflation is now "well controlled" after the historic surge triggered by the COVID-19. She believed that many Americans would agree with this.
U.S. GDP growth exceeded expectations, leading to a rise in the U.S. dollar yesterday
A Deep Dive into U.S. Stocks, Sector Performances, and Forex Trends - January 26, 2024
WCG Markets:2024-01-26
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Optimizing Forex Opportunities by Understanding the Economic Code
Although it is a tough road to gain and collect, at last you will get the real gold. MHMarkets Global First Live Trading Contest came to an end before the month with a lot of participants competing against each other. During this competitive contest, we were fortunate enough to carry countless flashing moments of wisdom, and thus met a group of traders with excellent trading skills and good mindset. To celebrate the end of MHMarkets Global First Live Trading Contest and to honor those who excell
On Thursday (January 25), the Fed announced on its official website on Wednesday that from now on, the adjusted BTFP interest rate will not be “lower than” the effective reserve balance interest rate on the day of loan disbursement. The regular bank financing plan of the Fed was launched to relieve the pressure of the financial system during the regional banking crisis caused by the explosion of Silicon Valley banks last year. It allows banks and credit cooperatives to borrow funds with a term o