Knowing forex time Indonesia to Get Success Forex Business
Time forex is divided into 4 sessions, namely: Asia, Australia, America, and Europe. Those regions as forex core. It is determining price and forex movement.
Mohicans markets：MHM Today News
On Monday (November 14), the US dollar index rebounded above 107, but after Fed officials said they might soon slow down the pace of interest rate hikes, the US dollar index's rise narrowed, and finally ended up 0.44% at 106.88.
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Mohicans markets：11.14-MHM European Perspective
On Monday, November 14, Beijing time, during the Asian European session, spot gold weakened after opening low. At present, it is trading at US $1759.02 per ounce. Therefore, the former gonveror of the Federal Reserve said that the anti inflation stance has not been "softened", helping the yield of the US dollar and US debt rebound, thus putting pressure on the gold price.
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Mohicans markets：MHM Today News
Resumption of global market trendLast Friday, on November 11, the US dollar index continued to fall. At one point in the day, it fell nearly 2%, and closed 1.41% lower at 106.41. Last week, it fell nearly 4%, hitting a new low in nearly three months. The onshore RMB closed at 7.1106 against the US dollar at 16:30 on November 11, up 1368 points from the previous trading day. The US debt market was closed on Friday for the Veterans' Day holiday.
Mohicans markets ：November 11, 2022--MHM European Perspective
On Friday, November 11, Beijing time, spot gold shocks higher in the Asian and European trading sessions, extending overnight gains, once hit nearly two and a half months high to $ 1762.98 per ounce. Because overnight U.S. data show that the impact of slowing inflation further fermented, the Federal Reserve officials also publicly expressed support for slowing the pace of interest rate increases.
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Mohicans markets：MHM Today’s News
On Thursday, November 10, after the release of U.S. inflation data, the U.S. index continued to dive below 108, closing down 2.336% at 107.87, which was the largest single-day decline in more than 10 years.
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Mohicans markets：November 10, 2022--MHM European Perspective
On Thursday, November 10, Beijing time, spot gold shock was slightly up in early trading of Asian market, and is currently trading near $ 1710.59 per ounce; market is still widely expected that the Federal Reserve will gradually slow down the part of interest rate hikes, December may only raise interest rates by 50 basis points, so that the dollar under pressure, supporting gold prices.
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Mohicans markets：MHM Today’s News
On Wednesday, November 10, the dollar index rebounded to regain 110, and closed up 0.75% at 110.45. The euro turned lower against the dollar and once lost parity, the pound fell through the 1.15 and 1.14 hurdles against the dollar in quick succession, and the dollar rose through 146 against the yen again.
Mohicans markets：November 9, 2022--MHM European Perspective
On Wednesday, November 9, Beijing time, spot gold shock slightly down in early trading of Asian market, and is currently trading at $ 1668.80 per ounce; the dollar rebounded mildly, putting gold prices under slight pressure; in the U.S. mid-term election results are about to be released, the market wait-and-see sentiment is strong, the overall trading is not large.
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