What the Strong US dollar has to do with the Global Economy?
In 2022, the value of the U.S. dollar has grown an impressive 14% compared to major currencies, reaching its highest level since the early 2000s. The dollar continues to surge despite recession fears and signs of a slowing economy. For the first time in two decades, the strong US dollar, on a steady upward trend for a year now, has exceeded the ‘Euro’. Likewise, the Japanese ‘Yen’ is also dropped significantly against the strong US dollar.
USDJPY rallies to seven-month high as Fed defends hawks despite no rate change verdict
Federal Reserve announced the much-awaited pause to its rate hike trajectory on Wednesday but markets made a peace with a hawkish halt with upbeat economic forecasts and the policymakers’ readiness to assess more details for each upcoming rate increase.
EUR Anticipates ECB's Decision: Overview for June 15, 2023
EUR/USD is currently experiencing heightened volatility throughout this week. The primary currency pair is in a consolidation phase on Thursday, eagerly awaiting crucial news. The current EUR/USD exchange rate stands at 1.0810.
After Fed delivers a “hawkish” skip, attention turns to the ECB
European markets closed the day higher yesterday, with the DAX making a new record high, ahead of last night’s Fed decision, while US markets closed the session mixed after a choppy session, which saw the Fed deliver a hawkish pause to their rating hiking cycle.
Mai hui MHmarkets: June 19, 2023-MHM European Perspective
On Monday (June 19), spot gold narrowly oscillated during the Asian session and is currently trading near $1957.14 per ounce; gold price rally was blocked last Friday, and the U.S. consumer confidence data was better than expected
Mai hui MHmarkets: June 19, 2023 - Fundamental Reminder
Last Friday, perhaps because the market is digesting the Fed will be expected to raise interest rates in July, spot gold oscillating trading, its European session slightly upward, up to $1968, and then give back all the gains of the day, and finally close to a flat close at $1957.98 per ounce
AUS GLOBAL launches the "Rice Dumplings fragrance and Good Luck" lucky draw to thank new and old customers on the occasion of the Dragon Boat Festival
On the occasion of the Dragon Boat Festival, in order to thank and give back our customers and partners for their trust and support in AUS GLOBAL , we sincerely hold an activity for all our clients and partners: Rice Dumplings fragrance and Good Luck (hereinafter referred to as Dragon Boat Festival).
Basics of Forex Economic Indicators
Indicators help traders understand the economic situation of a relevant country, and the impact it will have on currencies.
Mai hui MHmarkets: June 16, 2023-MHM European Perspective
On Friday, June 16, spot gold edged up during the Asian session and is currently trading around $1958.05. Spot gold fell to $1,924.75 on Thursday, then recovered and finally closed up 0.83% at $1,957.81 per ounce.
Mai hui MHmarkets: June 16, 2023 - Fundamental Reminder
Last night the ECB raised interest rates by 25 basis points as expected, and the market raised bets that the central bank will raise rates by another 50 basis points, which boosted the euro and led to a big dive in the dollar index.
WCG Markets:2023-06-16
WCG Markets:2023-06-16
Will USD Get Stronger in 2023 Despite the De-Dollarization Trend?
After reaching unprecedented levels last year, causing widespread poverty and rampant inflation in countries like Pakistan and Ghana, the USD has now entered a phase that some analysts predict will be a multi-year decline. Nevertheless, some experts still maintain that the US dollar's dominance hasn't diminished significantly.
8 Advantages of Trading Forex over other Financial Instruments
With an increasing number of trading instruments like stocks, futures, crypto, and forex available today, picking the right asset to trade in can be difficult. Given the fact that most people are familiar with exchanging currencies, the advantages of trading forex prove valuable to novices who are unsure of what trading is or whether to engage in it.
Mai hui MHmarkets: Ngày 15 tháng 06 năm 2023 – MHMarkets – Quan điểm về thị trường Châu Âu
Giờ Bắc Kinh vào ngày 15 tháng 6 (thứ Năm) thị trường châu Á vào đầu phiên giao dịch, chỉ số đô la giảm nhẹ và hiện đang giao dịch gần 102,99.
Mai hui MHmarkets: June 15, 2023-MHM European Perspective
Beijing time on June 15 (Thursday) Asian market in early trading, the dollar index fell slightly, and is currently trading near 102.99.
迈汇MHmarkets: June 15, 2023 - Fundamental Reminder
The Fed suspended its rate hike early Thursday morning as expected, but the dot plot hinted at 2 more rate hikes of 25 basis points each during the year, which was more hawkish than the market had expected.
Gold Price At Risk of More Losses, US CPI Declines Further
Gold price remained in a bearish zone below the $2,000 level against the US Dollar. The price traded below the $1,980 support to move into a short-term bearish zone.
WCG Markets:2023-06-15
WCG Markets:2023-06-15
China plans to introduce a large stimulus package for the economy
The Chinese government is presently exploring the possibility of implementing a significant stimulus initiative aimed at bolstering the nation's economy.
Argentina can replace the peso with the dollar
Argentine presidential candidate Javier Miley proposed replacing the national currency of the peso with the US dollar, hoping to limit the high inflation rate, which reached 109% in May. He believes that using the dollar can help to cope with the country's economic problems.
Aktuelle Nachrichten
Neuer MSCI All Country World auf dem Markt: Neobroker Scalable Capital startet den Angriff auf den ETF-Markt
WikiFXObwohl Vertrag schon unterschrieben war: Verkauf des Shell-Anteils an Ölraffinerie PCK scheitert überraschend
WikiFX200 Euro Neukundenprämie bei Eröffnung eines Wertpapierdepots bei Consorsbank: So funktioniert es!
WikiFXTrotz Verhandlungen bis spät in die Nacht: Noch immer keine Einigung im Volkswagen-Tarifstreit
WikiFXWährungsvolatilität könnte 2025 zur „Achillesferse des Marktes werden, sagt KKR
WikiFXBitcoin auf Höhenflug: Wall-Street-Experten erklären, warum der Kauf jetzt noch sinnvoll sein kann und wie ihr starten könnt
WikiFXBitcoin Entwicklung ähnelt früheren Zyklen - Langzeit-Inhaber buchen 2,1 Mrd USD Gewinn
WikiFXSolana-Prognose: SOLs technische Aussichten und on-chain Metriken deuten auf eine zweistellige Korrektur hin
WikiFXBitcoin fällt unter 100.000-Dollar-Marke – so hängt die Entwicklung mit der Fed-Entscheidung zusammen
WikiFX35.000 Stellen weniger: Der Sparkompromiss zwischen VW und Gewerkschaft nach 70 Stunden Verhandlung
WikiFX