OTFX Analysis: AUD/USD Trend Watch - Potential Support Level Near 0.6200 to Capture Market Attention
In recent months, the AUD/USD exchange rate has remained in a bearish trend.
11/15 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
AUS Global Going Global in Egypt at Smart Vision Investment Expo 2023
In the dazzling month of November 2023, the spotlight swung onto AUS Global at the Smart Vision Investment Expo – Egypt 2023
MHMarkets：Morgan Stanley economists predicted that the Fed would cut interest rates sharply over the next two years as inflation cooled.
At the end of the Asian market on Tuesday (November 14), Morgan Stanley economists predicted that the Fed would cut interest rates sharply over the next two years as inflation cooled.
MHMarkets：November 14, 2023--Fundamental Reminder
On Monday, the dollar index pushed the 106 mark before turning lower, ending down 0.132% at 105.68. U.S. Treasury yields retreated, with the 10-year yield closing at 4.64%; The yield on the two-year Treasury note, which is more sensitive to the Fed's policy rate, closed at 5.033%.
Gold rebounded due to the weakness of the US dollar, while oil prices rebounded to stop three weeks of continuous decline
Gold rebounded due to the weakness of the US dollar, while oil prices rebounded to stop three weeks of continuous decline
Elevate Your Trading, Copy Trading Competition Now Live!
Join our Copy Trading Competition and win more!
11/14 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
11/13 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
US Inflation Data Will Be a Clue to the Value of the US Dollar Next Week
Gold fell more than 1% on Friday and headed for its second straight weekly decline on waning safe-haven demand while Federal Reserve Chair Jerome Powell's hawkish stance was key to weakening gold prices.
GBP/JPY Consolidates Near 2-Month Highs
GBPJPY had been in a prolonged uptrend since January, posting an eight-year high of 186.75 on August 22 before experiencing a pullback. After a period of rangebound trading, the pair stormed back above the 50-day simple moving average (SMA) to a two-month peak of 185.94, but its rally seems to have temporarily paused.
EUR: Scrutinizing the ECB's Stance and Market Dynamics
In the wake of the European Central Bank's decision to maintain its policy rates in October, there has been a discernible surge in the Eurozone rates markets, anticipating a series of rate cuts in 2024. Despite some members of the Governing Council expressing reservations about the prospect of monetary easing, these concerns seem to have fallen on deaf ears.
CWG Markets Enhances Market Presence with London Stock Exchange Membership
CWG, a leading financial services provider, is proud to announce its latest milestone in its ongoing commitment to growth and expansion within the financial markets.
MHMarkets：China reduced its holdings of U.S. Treasuries for the fifth consecutive month to the lowest size since 2009.
At the end of the Asian market on Monday (November 13), Wells Fargo strategists wrote in a report: "Weak fiscal policy and weak economic performance have curbed the demand for US dollars and US treasury bond bonds.
The rise of the US dollar is hindered Gold is weak and difficult to change
The rise of the US dollar is hindered Gold is weak and difficult to change
Weekly News 2023/11/06-2023/11/10
Index / Stocks / Crypto / Metals / Commodity & Futures / Forex
MHMarkets：Powell makes hawkish comments; The Fed will not hesitate to raise rates if appropriate.
At the end of the Asian market on Friday (November 10), Fed Chairman Powell speaks during an International Monetary Fund (IMF) event on Nov. 9. Inflation has declined over the past year, but remains well above our 2% goal, Mr. Powell said.
MHMarkets：November 10, 2023--Fundamental Reminder
On Thursday, the dollar index fell to session lows on fresh signs of labor-market weakness in U.S. unemployment data, then jumped closer to the 106 mark on Powell's hawkish remarks before closing up 0.36% at 105.91.
Powell's speech maintains hawkish tone The US dollar continues to strengthen, gold rebounded stably
Powell's speech maintains hawkish tone The US dollar continues to strengthen, gold rebounded stably
11/10 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Latest News
Will Gold Prices Continue to Rise Due to Trump’s Tariffs?
WikiFXMiami Firm Owner Pleads Guilty to $6M Ponzi Scheme Fraud
WikiFXeToro Files for IPO with $5 Billion Valuation on NASDAQ
WikiFXNBI Cebu Arrests Forex Trader for Illegal Investment Solicitation
WikiFXPU Prime's "Feather Your Trades" Contest! Begin
WikiFXIs FizmoFX a Scam? Fraud and Account Suspension of Traders
WikiFXIG Japan Extends US Stock CFD Trading Hours in 2025
WikiFXALERT! Warning against Livaxxen
WikiFXWhich Zodiac Sign Makes the Best Trader?
WikiFXBOJ to Announce Policy Decision This Week, Market Bets on a Rate Hike
WikiFX