AUS GLOBAL reduces the spread of major currency pairs again
AUS GLOBAL listens to customers' valuable opinions and creates more satisfactory products and services, understanding that spreads are very important for traders, so we have decided to reduce spreads on major currency pairs once again!
U.S. Debt Ceiling Negotiations Start Taking Shape in The Nick of Time
Earlier this week we reported that a negotiation is going on to resolve the issues about US Debt Ceiling Situation.
Stocks In Europe Lower After Germany Drops into Recession
European markets ended lower Thursday afternoon, as investors continued to monitor U.S. debt ceiling talks. The region's biggest economy, dropped into recession in the first quarter of 2023.
Silver’s GFC Pattern Has Repeated
Let's look back at that incredible silver market run up to nearly US$50 in 2011. If that happened today it would be AUD76!. There are clear similarities between then and now in the construct of the technicals and certainly worth a close eye.
May 26, 2023-MHM European Perspective
Spot gold bottomed out during the Asian session on Friday (May 26) and is currently trading around $1,949.16 per ounce.
How to Use Fibonacci Retracement Indicator in Forex Trading
The famous Fibonacci numbers often appear to have strong correlations with nature, and their relevance to forex trading is no exception as they influence the financial market as well. Developed by Joseph Granville in 1963, Fibonacci Retracement Indicator helps forex traders identify potential support and resistance levels in a currency pair.
May 26, 2023 - Fundamental Reminder
On Thursday, spot gold fell to its lowest point since March 22, eventually closing 0.83% lower at $1,940.85 per ounce as optimism around U.S. debt ceiling negotiations reduced safe-haven demand for gold and strong economic data pushed up bets on another Federal Reserve rate hike.
10 Best Trading Adjustments To Get You Back On A Winning Track
The psychological impact of trading losses can ravage your mind like a hurricane. While a part of you regrets the foolish decisions made initially, another part of you yearns to swiftly recover from the losses. Nonetheless, that approach won’t help you get out of the abyss. If you find yourself in a similar situation, we present you with the top 10 trading adjustments to help you regain your winning streak!
May 25, 2023-MHM European Perspective
Spot gold was slightly lower during the Asian session on Thursday (May 25), currently trading around $1,955.68 per ounce.
May 25, 2023 - Fundamental Reminder
On Wednesday, with the dollar higher and with hawkish comments from Fed Governor Waller and the minutes of the May meeting dampening market expectations for its June press, spot gold sank nearly $30 from its daily high to end down 0.88% at $1,957.33 per ounce.
MHMarkets: A Network of Multinational Offices Connecting Global Trading Routes
As the world's leading foreign exchange trading platform, MHMarkets has set up offices in Vietnam, Dubai and Myanmar to better provide customers with outstanding service and comprehensive support. Our network of multinational offices will connects you closely with trading experts around the world, making global financial markets accessible to you.
May 24, 2023-MHM European Perspective
During the Asian session on Wednesday (May 24), spot gold oscillated slightly higher and is currently trading around $1978.15 per ounce.
How to Use Bull Power and Bear Power Indicator in Forex Trading
The Bull Power and Bear Power indicators are forex technical analysis tools that identify bullish or bearish trends. Think of the Bull Power indicator as your trusty steed, charging through the market with buying power stronger than a herd of actual bulls. And Bear Power indicator as a deterrent against pesky bears trying to bring down your profits.
What the US debt ceiling crisis could mean for the US dollar?
America's dominance in the global economy is facing significant challenges due to self-inflicted policy wounds. A critical impasse surrounding the debt ceiling has brought the spotlight back to the dollar’s unparalleled position in international trade and finance.
What the US debt ceiling crisis could mean for the US dollar?
America's dominance in the global economy is facing significant challenges due to self-inflicted policy wounds. A critical impasse surrounding the debt ceiling has brought the spotlight back to the dollar’s unparalleled position in international trade and finance.
May 24, 2023 - Fundamental Reminder
On Tuesday, spot gold V-shaped rebounded, hitting an intraday low of 1954.28; however, due to the lack of progress in debt ceiling negotiations and data indicating that the U.S. manufacturing sector is back in contraction, gold prices reversed their intraday losses and eventually closed up 0.29% at $1975.09 per ounce.
May 23, 2023-MHM European Perspective
Spot gold weakened slightly during the Asian session on Tuesday (May 23), once losing the 1960 mark, which was a new low for the past two trading days.
May 23, 2023 - Fundamental Reminder
On Monday, under pressure from renewed optimism in debt ceiling negotiations and hawkish comments from Fed officials, spot gold retreated, falling below the 1,970 mark during the session and eventually closing down 0.24% at $1,971.
AUS Global: Celebrating Excellence – Best STP Forex Broker Award at the Forex Traders Summit Dubai 2023!
This prestigious event brought together industry professionals, enthusiasts, and potential clients under one roof. AUS GLOBAL’s dynamic presence at the summit showcased their commitment to excellence and innovation in the forex trading market.
Market exuberance takes DAX to a new record high
Markets in Europe have observed another day of strong gains after the Nikkei 225 closed at its highest levels since 1990 and finished the week higher by 4.8%.
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