Mohicans markets：MHM Today News
On Thursday, affected by the stronger-than-unexpected PPI data, the spot gold once fell below the 1830 level, and then recovered. However, the hawkish statement of the Federal Reserve officials said that gold "added another knife", and finally closed up 0.02% at 1836.32 US dollars/ounce; Spot silver closed 0.19% lower at $21.58/ounce.
02/17 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Forex News Trading Strategy: The Ultimate Guide
Do you find yourself struggling to make sense of the forex market’s crazy twists and turns? Well, fear not, NEWS TRADING might just be the answer to your trading woes. The addition of economic announcements to technical and charting analysis can be extremely beneficial for traders and strengthen their trading strategies. Because, in the world of forex, things can change faster than a chameleon on a rainbow. So, grab your reading glasses and a cup of coffee, it's news trading time!
Mohicans markets：MHM European Market
During the Asian session, the rebound of spot gold was blocked. It had rebounded to around $1842.5 before, and now dropped to around $1836. Although some bargain-hunting and safe-haven buying supported the gold price, recent economic data boosted the bet that the Federal Reserve would further raise interest rates to combat high inflation.
Extension analysis: how much higher can the FTSE 100 go?
The FTSE 100 Index rose above 8,000 points intraday for the first time, with gains in heavyweights and a drop in sterling boosting the UK’s large-cap stock index on Wednesday.
European stocks mixed; Barclays reports slump in profit
European stock markets opened mixed Tuesday as traders reacted to company earnings and assessed the outlook for US interest-rate hikes. European stock markets traded in a mixed fashion Wednesday, with investors digesting inflation data from both the U.S. and the U.K., while banking giant Barclays reported a sharp slide in annual profit.
BitForex Launches Blur(BLUR) at 12:00 on February 15th, 2023 (GMT+8)
To all readers This is to serve as an announcement for the new trading pair listed by BitForex which the broker did on 15th February 2023, as stated in their website with details below: The broker is delighted to announce the listing of Blur(BLUR) on BitForex and open the spot market for BLUR/USDT.
Mohicans markets：MHM Today News
On Wednesday, spot gold fell sharply after rising to the high of $1860.08, falling nearly $30 at one time, and finally closing down 0.99% at $1835.96 per ounce; Spot silver fell 1.05% to $21.62 per ounce.
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Everyone who joins this business must have the knowledge to run it. It is because the forex business is influenced by some factors, especially the global situation.
02/16 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-02-16
WCG Markets:2023-02-16
Forex Risk Reward Ratio: How much to risk when trading Forex?
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Professional traders usually have great mindset and habits. Here are some of those attitudes where you can follow too.
How Global Events Affect the Forex Market
Stay ahead with our latest analysis on how world events impact the Forex market. Read now for unique insights geared to help you make better trading decisions.
Mohicans markets：MHM European Market
Although the year-on-year growth rate of CPI in the United States in January hit a new low in nearly a year and a half, the month-on-month growth rate reached a new high, hitting that the inflation prospect in the United States is severe. The market generally raised the expectation of the Federal Reserve's terminal interest rate and the time when it will maintain a high interest rate level in the future, which made the pressure on the gold price obvious.
Mohicans markets：MHM Today News
On Tuesday, under the influence of more stubborn inflation than expected, spot gold fluctuated significantly in the US market. After the short-term bottom, it jumped more than $20, and once touched the 1870 level, but then fell again, and once fell below the 1850 level, and finally closed up 0.04% to 1854.36/ounce; Spot silver once stood at the $22 level, but failed to stand here, and finally closed down 0.62% at $21.85/ounce.
USD/CAD sticks to modest gains around mid-1.3400s, eyes US CPI for fresh impetus
USD/CAD gains some positive traction on Tuesday, though lacks bullish conviction. The USD/CAD pair attracts some buyers near the 1.3330 area on Tuesday and sticks to its modest intraday gains through the early part of the European session. The pair is currently placed near the daily top, around mid-1.3300s and for now, seems to have snapped a two-day losing streak to over a one-week low touched on Monday.
USD/CLP market view
The exchange rate of dollar (USD) to Chilean peso (CLP) increased steeply in recent days, as a consequence of the strong dollar.
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DAX 40 & DOW JONES: weekly analysis 13th – 17th February
The week ended in the red on European and US markets, with fears of continued monetary tightening by the Fed spooking investors. These days saw many more quarterly reports, which caused some fluctuations in the major indices.
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