Fundamentals of the GBP/JPY
GBP/JPY gains traction for the second consecutive day on Monday, hitting a three-week high early in the European session. Price quotes currently sit in the 182.80-182.85 area, indicating a rebound of over 650 points from Friday's low touched on June 13. There is a heavy supply tone surrounding the Japanese Yen (JPY).
Mai hui MHmarkets: USD has entered a pressure-intensive zone and U.S. crude oil has fallen back big time!
On Thursday (August 3), spot gold shook slightly lower during the Asian session, and is currently trading near $1934.38 per ounce. The U.S. private jobs growth in July that came out overnight exceeded expectations, fueling market bets on more monetary policy tightening and continuing to support the U.S.
Mai hui MHmarkets: August 3, 2023 - Fundamental Reminder
Because of the "ADP" data again strong, Wednesday, spot gold before the U.S. market fell sharply, lost the 1940 mark in the plate, and once fell to $1932.97 intraday lows, down more than $20 compared to the daily highs, and ultimately closed down 0.49% at $1934.76 per ounce; spot silver fell to the $24 mark and finally closed down 2.39% at $23.71 per ounce.
Support and Resistance Levels: Forex, Stocks, Commodities & Crypto
Support and resistance play an important role in the analysis and understanding of chart patterns in different financial markets. The ability to recognize these levels allows retail traders to make better trading decisions, lower their risk, and possibly achieve better rewards by knowing where to enter and exit trades. Discover how to use support and resistance to your advantage!
BRICS to Replace US Dollar With a Gold-backed Trading Currency
How long will the dollar remain the world’s dominant currency? This August, the BRICS economic alliance will gather in South Africa and introduce a new currency designed to remove the dollar from its throne.
Navigating Southeast Asia's Developing Trading Markets with Asia's Best Forex Broker, Lirunex
Lirunex underscores the commodities and trading brokerage's commitment to excellence and its contribution to empowering traders in the dynamic Southeast Asian (SEA) market.
Vantage launched a trading competition with a $50,000 prize pool
Vantage, a global multi-asset broker, has announced the launch of its 2023 Live Trading Competition. The competition will offer a total prize pool of $50,000, and will be open to all traders who meet the minimum deposit requirements.
08/03 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Vantage launched a trading competition with a $50,000 prize pool
Vantage, a global multi-asset broker, has announced the launch of its 2023 Live Trading Competition. The competition will offer a total prize pool of $50,000, and will be open to all traders who meet the minimum deposit requirements.
WCG Markets:2023-08-03
WCG Markets:2023-08-03
CWG Markets：The US dollar rose on Wednesday driven by strong ADP data, shrugging off the impact of Fitch's downgrade of the US rating
CWG Markets：The US dollar rose on Wednesday driven by strong ADP data, shrugging off the impact of Fitch's downgrade of the US rating
Zero to Hero: How to Start a Journey as a forex trader
Forex trading can be an exciting and potentially lucrative opportunity. It is essential to approach it with caution and establish a solid understanding of the basics.
08/02 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Stock market on Friday: Dow ends March higher on easing inflation, tech rally
Stocks rose Friday as Wall Street wrapped up a volatile, but winning quarter that saw more Federal Reserve rate tightening and a mini-financial panic spurred on by the collapse of Silicon Valley Bank.
Forex Today: Market sentiment improves; Ueda's first BOJ meeting
The Bank of Japan (BOJ) on Friday kept ultra-low interest rates but announced a broad review of its monetary policy, laying the groundwork for new Governor Kazuo Ueda to gradually phase out his predecessor's massive stimulus programme. In addition, Australia will release its report on wholesale inflation, and Japan will publish several reports. Later in the day, the focus will shift to the Eurozone, where GDP and inflation figures will be released.
EURUSD is ready to attack the high. Overview for 27.04.2023
EURUSD on Thursday remains strong. The current quote is 1.1050.
DIVIDEND ANNOUNCEMENT FOR STOCK DERIVATIVES, MAY 2023
Dividends are periodic payments given by firms to shareholders from their profits. They may be made primarily in cash, as well as in the form of securities or other instruments.
Common Trading Mistakes and How to Avoid Them
Whether you are new or experienced traders, You need to know that Forex trading is a dynamic and exciting field that offers tremendous potential for financial gain.
Amazon revenue beats on stable online demand, cloud strength
Amazon.com Inc, an American tech multinational whose business interests include e-commerce, cloud computing, digital streaming, and artificial intelligence. Had on Thursday reported quarterly sales and profit ahead of expectations, projecting confidence in its cloud business despite a clampdown in customers' spending and touting how its aggressive cost cuts were starting to pay off.
Mai hui MHmarkets: USD is about to touch strong pressure and gold and silver fall below support levels
On Wednesday (August 2), spot gold opened slightly higher after narrowly oscillating during the Asian session, and is currently trading near $1949.49 per ounce.