The US economic data is mixed, waiting for non-farm employment data to measure the prospects of Fed policy US bond yields fell while the US dollar rose
The US economic data is mixed, waiting for non-farm employment data to measure the prospects of Fed policy US bond yields fell while the US dollar rose
AUS GLOBAL is offering great benefits! cTrader new clients can enjoy 10% bonus on their deposits! We look forward to your participation!
In order to thank and give back to customers and partners for their trust and support in AUS GLOBAL, we sincerely hold the cTrader Bonus Activity for all customers and partners. We promise that AUS GLOBAL will continuously improve the trading platform, establish a more complete trading system in the future, and provide professional services to all customers and partners with a professional team and expertise
WCG Markets:2023-09-01
WCG Markets:2023-09-01
Forex Market Recap: USD Rebounds, Eurozone Inflation Surges, Bitcoin Plunges
A snapshot of Thursday's forex market trends, including the U.S. dollar's rebound, Eurozone inflation data, and Bitcoin's price movement.
08/31 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets：The dollar gradually strengthened, silver began to turn weaker, and U.S. crude oil was in a small range with a fierce battle between the bulls and the whites!
On Thursday (August 31), spot gold fluctuated in a narrow range during the Asian session, and is currently trading near $1945.21 per ounce. The weak US economic data has deepened expectations that the Fed will temporarily suspend interest rate hikes this year, causing the US dollar index to hit a nearly two-week low near 102.92 on Wednesday and helping gold prices hit a nearly month high of $1948.90 per ounce on Wednesday.
MHMarkets：August 31, 2023 - Fundamental Reminder
The US GDP growth rate in the second quarter and ADP data released on Wednesday both missed expectations, helping to reduce pressure on the Fed to raise interest rates further. The dollar index staged another "dive" in the US session, falling below 103 round numbers at one point and closing down 0.37% at 103.18.
US Dollar Recovers from Jobs Shock, Australian Dollar Dips on Cooling Inflation
On Wednesday, the dollar saw its sharpest drop in a month and a half due to the prevailing sentiment among investors that the less-than-expected U.S. jobs data has reduced the chances of additional interest rate increases from the Federal Reserve. Concurrently, the Japanese yen has maintained its position close to 146 against the dollar, bouncing back from its 10-month nadir of 147.375. This resurgence was credited to a decrease in Treasury yields, which undermined backing for the U.S. currency.
The BlackRock and crypto connection is much deeper than what people know of
After filing for a spot Bitcoin ETF, BlackRock triggered a substantial debate in the cryptocurrency market this year. The final result is uncertain and at the mercy of the Securities and Exchange Commission (SEC). Regardless, the company continues to remain invested in various aspects of the cryptocurrency industry, unbeknownst to many.
AUD/USD Forecast: Aussie loses strength after being rejected from above 0.6500
The AUD/USD reached two-week highs on Wednesday, boosted by a weaker US Dollar, but then pulled back, erasing all gains after failing to hold above 0.6500. The short-term bias is still to the upside but is losing momentum.
USD/CHF loses the 20-day SMA after weak labour market figures from the US
On Tuesday, the USD experienced a downturn triggered by disappointing US labor market statistics.
US stocks rally in a quiet session, Yields and USD are down, and AUD holds major support.
US indices ended in positive territory, successfully maintaining their gains propelled by the upward momentum from the Asian session. The larger Asian market experienced a widespread surge, largely driven by Chinese stocks buoyed by the authorities' actions to stimulate their domestic market by reducing stamp duty on stock transactions.
Gold to forget about bad times? Forecast as of 29.08.2023
The gold response to the important economic events should have resulted in price growth amid the expectations for the cooling of the US economy and the end of the Fed’s monetary tightening cycle. However, the eventual result will depend on the actual data. Let's talk about this topic and draw up a trading plan.
U.S. SEC Charges Firm for Offering Crypto Asset Securities as NFTs
On August 28, the U.S. Securities and Exchange Commission (SEC) published a press release noting that it has charged Impact Theory LLC with carrying out an unregistered provision of crypto asset securities as purported non-fungible tokens (NFTs).
Wednesday's new economic data showed a cooling of the US economy, strengthening expectations that the Federal Reserve will suspend interest rate hikes in September.
Wednesday's new economic data showed a cooling of the US economy, strengthening expectations that the Federal Reserve will suspend interest rate hikes in September.
WCG Markets:2023-08-31
WCG Markets:2023-08-31
Crude Prices Flat as Possible Rate Hikes Fuel Demand Worries
On Monday crude oil prices were flat, pressured by concerns that more U.S. interest rate increases may dent demand.
08/30 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets：The US dollar is accelerating its decline, non-US currencies and precious metals continue to strengthen, and US crude oil is breaking the upper limit!
On Wednesday (August 30), spot gold fluctuated in a narrow range during the Asian session, and is currently trading at $1936.12 per ounce. The performance of US job openings data released overnight was weaker than market expectations.
Master Candlestick Charts like a Pro
Candlestick charts have been used for centuries, originally developed in Japan to analyze the price movements of rice contracts. Today, they remain one of the most widely used tools for technical analysis in various financial markets.
Latest News
Volkswagen agrees deal to avoid Germany plant closures
WikiFXGeopolitical Events: What They Are & Their Impact?
WikiFXTop 10 Trading Indicators Every Forex Trader Should Know
WikiFXTradingView Launches Liquidity Analysis Tool DEX Screener
WikiFXMultiBank Group Wins Big at Traders Fair Hong Kong 2024
WikiFXWikiEXPO Global Expert Interview: Simone Martin—— Exploring Financial Regulation Change
WikiFX'Young investors make investment decisions impulsively to keep up with current trends' FCA Reveals
WikiFXWhy Do You Feel Scared During Trade Execution?
WikiFXCySEC Settles Compliance Case with Fxview Operator Charlgate Ltd
WikiFXMalaysian Influencer Detained in Taiwan Over Alleged Role in Fraud Scheme
WikiFX