EUR/USD Targets Fresh Highs, Oil Price Rallies.
The Euro formed a base above the 1.0800 zone against the US dollar. EUR/USD remained well bid and was able to climb above the 1.0880 resistance zone.
AUDUSD ignores softer China inflation to increase as US Dollar eases on full markets’ return.
The AUD/USD pair has slipped below 0.6650 as China’s Consumer Price Index (CPI) has softened despite various measures from the Chinese administration to stem economic recovery.
MHMarkets ：MHM European Market
In the early morning trading of the Asian market on April 12th, Beijing time, the US dollar index fell slightly and is currently trading around 102.14. The US dollar fell on Tuesday as investors waited for inflation data to further understand whether price pressures were abating and what this meant for further interest rate hikes by the Federal Reserve.
04/12 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Rollover Notification in April
Please refer to the table below, for the rollover date of our futures on the trading system during April 2023. Please note that the date and time may be subject to change.
MHMarkets ：MHM Today News
On Tuesday, spot gold began to rise sharply from the Asian session, returning above the $2000 level and briefly reaching an intraday high of $2007.36, before closing 0.61% higher at $2003.67 per ounce. Spot silver rose with gold and stood above $25, eventually closing 0.72% higher at $25.05 per ounce.
WCG Markets:2023-04-12
WCG Markets:2023-04-12
04/11 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Notification of Change in the Leverage of US Equity CFDs
In order to provide you with better trading experiences, the leverage of US equity CFDs products will be changed on Monday, April 10th, 2023.
MHMarkets ：MHM Today News
On Monday, as a result, the previous non farm data remained "strong", stimulating market bets on the Fed's interest rate hike. Spot gold fell below the $2000 mark and briefly fell near the 1980 mark, ultimately closing down 0.83% at $1991.47 per ounce; Spot silver hovered below the 25th level and ultimately closed down 0.41% at $24.87 per ounce.
WCG Markets:2023-04-11
WCG Markets:2023-04-11
Long Position and Short Position: A Beginner's Guide
Long Position and Short Position are the two key players in trading, working together like a dynamic duo. Both of these concepts are crucial for traders to make profits and manage risks in financial markets, as they represent the ways in which traders can gain exposure to an underlying asset. Let’s take a closer look at long positions and short positions and what you need to consider when choosing a position!
Forex vs Stocks Trading: Which is Better for Beginners?
Forex vs Stocks? Which is the most reliable way to make money faster and easier? This is the most common question that confronts today’s newer generation of investors and traders, who are selective and peculiar in choosing investment opportunities. The majority of the successful traders often compare forex and stock markets to determine which market is better to trade. Here we take an in-depth look at forex vs stocks markets, their characteristics, and what you need to know about them.
What is a financial plan
Financial Planning is the process of estimating the capital required and determining it’s competition. It is the process of framing financial policies in relation to procurement, investment and administration of funds of an enterprise.
The price of USDCAD could continue to trade lower in line with the current USD weakness.
Intraday bias in USD/CAD remains neutral for consolidation above 1.3405 temporary low. Upside of recovery should be limited by 1.3563 resistance to bring another fall.
Continuous Layoffs, Deepening Banking Crisis And De-Dollarization Trending 6 April 2023 Thursday
Dollarization usually occurs in developing countries with a weak central monetary authority or an unstable economic environment. It can occur as an official monetary policy or as a de facto market process.
Mohicans markets ：MHM Today News
Last Friday, due to Good Friday, spot gold, spot silver, WTI crude oil, Brent crude oil, US stocks, European stocks, and Hong Kong stocks were all closed.
Changes in hours for Easter
As you are aware of the public Ester holidays which was Sunday 9th, Deltastocks broker has announced some changes in the trading hours to their clients.
Bitcoin closes Q1 with 70% gains
After a rocky end to 2022, Bitcoin finished the first quarter well in the green, recording an impressive 70% in gains.
Understanding Bid and Ask Prices in Forex Trading
The world of Forex trading is highly intricate and entails a plethora of technical terminologies and complex strategies. Among the fundamental concepts that every trader must comprehend, ‘Bid and Ask’ prices are the two prices that traders encounter while trading a currency pair. Proficiency in comprehending how these terms behave is imperative to making prudent forex trading decisions!
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