Regardless of the FSOC's statement that the US banking system is resilient and First Citizens BancShares' failed deal to buy Silicon Valley Bank, the recent collapse of two regional North American banks fueled concerns of recession and broader contagion.
India's rupee trade settlement mechanism, which was set up by the Reserve Bank of India in July 2022, is attracting interest from more countries apart from Russia.
Gold price has settled above $1,950 in as Tuesday finally brings some stability to the markets.
This article offers a comprehensive analysis of the USD/AUD trend following April 1st, based on the latest research report from MACRO Company. This is intended to provide investors with practical trading advice and information, helping them to manage market risks and take advantage of investment opportunities.
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【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-03-31
Millions of investors, traders, and participants are getting engaged in online financial markets to trade Forex, Crypto, Stocks, and Commodities every day. In such competitive and rapidly evolving markets, attracting a new breed of traders across disciplines can be challenging. As a result, the brokerage firms work with Introducing Broker (IB), who help introduce new traders to the market. Rebates are the incentives IBs receive in exchange for their service.
Bold Prime Attracts $250 Million Investment and Expands Its Operations
Fortunately for the students in Malaysia under the tutelage of the Ideas Academy, the international broker company OctaFX has sponsored the Cambridge IGCSE (International General Certificate of Secondary Education) curriculum exam fees!
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-03-30
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
On Wednesday (March 29), during the Asian session, spot gold fluctuated slightly and is currently trading near 1963.93 US dollars per ounce. The rebound in the US dollar has put a slight pressure on the gold price. In addition, concerns about the banking crisis have eased, which has also dampened the safe haven buying demand for gold. Market expectations for further interest rate hikes by global central banks, especially the Federal Reserve, to control inflation have rebounded, and US bond yield
On Tuesday, as concerns about the banking crisis eased, the US dollar index closed negative for the third consecutive day, closing 0.39% lower at 102.43. US bond yields rose, while 10-year US bond yields fluctuated narrowly to close at 3.571%; The yield on two-year US Treasuries, which are more sensitive to interest rate policy, remained above 4% to close at 4.080%. The US dollar Libor rose to 5.16% in three months before the US market, the highest level since 2007.
Following a challenging period of downturns and fluctuations, the cryptocurrency market is now experiencing a surge in value driven by easing global macroeconomic pressures and decreasing inflation. On March 13, 2023, the total market capitalization of cryptocurrencies once again exceeded $1 trillion. As Bitcoin, Ethereum, Cardano, and Coinbase continue to soar, we explore crypto trading strategies traders can employ to profit from this rally!
Forex counter trend trading strategy implies trading in the opposite direction of market trends instead of following them. By employing this strategy, traders will be able to profit from market movements that are opposite to the current trend. While counter trend trading is a high-risk approach to Forex trading, if used correctly, it can yield significant benefits for traders by enabling them to capitalize on market shifts that others may not notice!
MicroStrategy said it now holds 138,955 BTC acquired for approximately $4.14 billion at an average price of $29,817.
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The Swiss franc is the currency and legal tender of Switzerland and Liechtenstein.