USDJPY price analysis for 13.06.2023
The USD/JPY currency pair has experienced a notable shift in market dynamics as the price line recently broke below a bullish channel that had been guiding its upward trajectory.
The Interest Rate Dilemma: A Week of Reckoning for Central Banks
This attention of investors for this week attention is fixated on the actions of central banks, particularly the Federal Reserve and the European Central Bank (ECB).
NZD/USD Buyers Advance Ahead of the Fed
NZD/USD was 0.17% higher at the time of writing after rising from a low of 0.6144 to a new high of 0.6161 in Tokyo market trading. The focus is on the Federal Reserve today following Tuesday's inflation report, which showed stable core inflation.
6 Surefire Techniques to Generate Passive Forex Income
Just like many other financial instruments, forex provides you with multiple ways to earn income, both actively and passively. The following innovative ideas will enable you to generate additional funds from the forex market and establish a reliable forex income stream!
3 Questions to Ask Yourself During Economic Crisis and Job Insecurity
If you feel like you’re on the brink of a bad economic situation, you’re not alone. A volatile job market, uncertainty in the economic situation, and rising interest rates are driving people crazy. However, despite all this, you still have to live your life. You can’t pause every time a Wall Street insider warns of the end -but you can be prepared. That’s where personal finance comes in—helping you manage your money and make wise decisions to keep your finances secure.
June 14, 2023-MHM European Perspective
On Wednesday (June 14), spot gold rebounded slightly during the Asian session and is currently trading at $1947.33 per ounce.
WCG Markets:2023-06-14
WCG Markets:2023-06-14
US Federal Reserve seen holding rates in June
More than 90% of economists said the Federal Open Market Committee would hold its federal funds rate at 5.00-5.25%.
June 14th big day for USD: Will the bulls or the bears win the day?
The Federal Reserve interest rate decision is just one week away, and the price of the US Dollar Index (DXY) – which measures the value of the USD against a group of other currencies – is looking pretty neutral with a bit of a bullish leaning. So, things are looking okay for now – fingers crossed!
Gold Gets its Groove as Markets Consolidate across the Board
The gold price is oscillating around US$ 1,980 again on 7th June as markets reassess the landscape with China looking to stoke some growth and next week’s Fed meeting coming into view.
European shares opened mostly lower on Wednesday
European stock indexes showed a slight decline in thin trading on Monday, while Wall Street futures were optimistic after a debt ceiling deal was reached between US President Joe Biden and top Republican Kevin McCarthy. However, the deal is expected to bring only short-term relief as worries about inflation and rate increases persist. Asian stocks were mostly up, except for falling Chinese stocks after data showed profits in the industrial sector were slumping, signifying an economic slowdown.
Earnings season holds the key as FTSE 100 continues bullish run back towards 8,000
The FTSE 100 is closing in again on the 8,000-point milestone it breached for the first time ever earlier this year, with five weekly gains in a row close to putting the index in official bull market territory.
DAX 40 & DOW JONES: weekly analysis 5th June – 9th June
The week ends with the stock exchanges experiencing a bullish resolution, thanks to the agreement reached on the US debt ceiling and the possibility of a pause in the hike cycle perpetuated by the FED as early as the meeting on 14 June. The rollover period starts this week in combination with other relevant macroeconomic data.
June 13, 2023-MHM European Perspective
On Tuesday (June 13), spot gold shocked slightly up during the Asian session, and is currently trading near $1958.50 per ounce.
WCG Markets:2023-06-13
WCG Markets:2023-06-13
Learn step-by-step how to Trade CFD
Trading contract for difference (CFD) has become a popular and one of the most sought out investments globally. As a beginner, you should understand what trading CFD is all about before you pull the trigger.
How to develop a scalping strategy
Scalp trading, or scalping, is a popular trading strategy that has been around for a very long time. In this trading method, traders buy and sell stocks multiple times within a day for a small profit. While scalping can be profitable, it is also risky and requires good discipline, a reliable strategy, and a thorough understanding of the market.
How to Use Relative Vigor Index (RVI) Indicator in Forex Trading
Feel like you're just aimlessly riding the waves of the forex market unable to predict the outcome of certain trends? Well, say goodbye to second-guessing and hello to the Relative Vigor Index (RVI) Indicator. The RVI is a unique indicator that attempts to measure the underlying strength of a currency pair rather than just its direction, making it a valuable tool in the arsenal of any forex trader. So, buckle up and get ready for a great ride with the RVI Indicator by your side!
Forex Chart Of The Day: CADJPY Time For Price To Make A Decision
CAD features as the strongest currency on our strength meter but in a reversal zone. Could CAD begin to weaken now CADJPY is at key resistance?
10 Game-Changing Forex Trading Rules That Will Make You a Superstar
Trading forex is like playing a high-stakes game of Monopoly but with real money and no ‘Get Out of Jail Free cards. Sadly, 70% of traders end up bankrupt, 10% barely scrape by, and only a lucky 15% make it rain. But fear not, dear beginner! I’m here to reveal the 10 golden Forex trading rules that can turn your trading journey from a series of losses into a profitable blockbuster!
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