Gold Prices Surpass $2,100, Signaling Prolonged Upside in 2024
The recent surge in gold prices, reaching an impressive $2,100 per ounce on Monday for the second consecutive day, has become a focal point for investors, hinting at a potential trend that might endure into the forthcoming year. This remarkable ascent is attributed to various pivotal factors expected to significantly influence the performance of this precious metal in the near term.
GBP/USD slips below 1.2600 as the early week's selloff extends into Tuesday
The GBP/USD held mostly flat on Tuesday before seeing a decline below the 1.2600 handle during the American trading session, slipping to a one-week low and shedding a third of a percent on Tuesday.
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In the investment field, precision is of utmost importance, as the saying goes, "A miss is as good as a mile.
The impact of OTFX's business philosophy on the financial investment industry.
Before establishing a successful venture, it is imperative to forge a successful team.
12/06 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Further slowdown in the US labor market Speculation that the Federal Reserve is expected to cut interest rates next year to prevent an economic recession US treasury bond bonds resumed gains
Further slowdown in the US labor market Speculation that the Federal Reserve is expected to cut interest rates next year to prevent an economic recession US treasury bond bonds resumed gains
Forex4you is Revolutionizing Partner Success in the Trading Industry
Forex4you is Revolutionizing Partner Success in the Trading Industry
Investors’ expectations for another rate hike by the Fed have dropped to freezing.Investors’ expectations for another rate hike by the Fed have dropped to freezing.
At the end of the Asian market on Wednesday (December 6), a series of recent data released by the US all showed that the job market is increasingly cooling. Balancing between price stability and a slowdown in the labor market has been the core of the Fed's 18 month anti inflation action.
MHMarkets：December 6, 2023,--Fundamental Reminder
On Tuesday, as the job market showed new signs of cooling, U.S. bond yields intensified the downtrend, the 10-year U.S. bond yields fell below the 4.2% mark, hitting a three-month low, closing at 4.167%;
FP Markets Awarded FX Broker Licence in Kenya by the Capital Markets Authority (CMA).
FP Markets granted second African regulation to further expand its regulatory footprint in Africa.
Market Wrap: Mixed Performance in U.S. Stocks, Bond Yields Drop, and Forex Moves
Key Highlights and Analyst Views on Dow Jones, EUR/USD, GBP/USD, and USD/JPY
GKFX Prime and Fairmarkets Evolves into Trive: A Strategic Move Towards Financial Empowerment
GKFX Prime and Fairmarkets Evolves into Trive
WCG Markets:2023-12-06
WCG Markets:2023-12-06
The future trend of OTFX is guiding the financial technology in the foreign exchange domain, reshaping the ecological landscape of the forex industry.
Navigating the path of technological advancement, constructing new heights
OTFX's principle of customer supremacy: Rigorously safeguarding client privacy in forex trading to ensure business compliance.
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OTFX's Forex Internationalization Strategy: Expanding into the global forex market to increase brand influence.
As the footsteps of time continue to march forward, a globalized market is gradually taking shape.
FP Markets Awarded Best Forex Trading Tools 2023 by FXScouts
FP Markets has again been recognised for its outstanding trading solutions, receiving the Best Forex Trading Tools 2023 award from FXScouts. This accolade complements the company’s growing list of awards received this year, including ‘Best Trade Execution’ and ‘Most Transparent Broker’ at the Ultimate Fintech Awards APAC 2023. These prestigious awards further establish FP Markets as a leading broker dedicated to providing clients with the best possible trading experience. The company’s dedicatio
HFM Copy Trading Revolution: Breaking Barriers and Unleashing Global Opportunities
Copy Trading platform has transcended geographical boundaries, extending its reach far beyond South Africa. This development promises a new era of trading possibilities for both Followers and Strategy Providers, marking the dawn of an enhanced and globally connected trading community.
MHMarkets：Barclays predicts that the Fed may cut interest rates four times next year, with a cumulative reduction of 100 basis points.
At the end of the Asian market on Tuesday (December 5), as the Fed's interest rate hike cycle approached its end, major investment banks made predictions about the Fed's interest rate cut path.
MHMarkets：December 5, 2023,--Fundamental Reminder
On Monday, U.S. bond yields rebounded slightly, with the 10-year U.S. bond yield falling more than 10 basis points to close at 4.257%; the two-year U.S. bond yield, which is more sensitive to Fed policy rates, rebounded even more to close at 4.635%. The U.S. dollar index recovered some of its lost ground after three consecutive weeks of declines and rallied to a one-week high, eventually closing down 0.436% at 103.65.