MHMarkets ：MHM Today News
ThedatareleasedonThursdaymaybetheworst-casescenario,astheUSGDPgrowthrateinthefirstquarterwasmuchlowerthanexpected,whilethecorePCEpriceindexinthefirstquarterwashigherthanexpected.ThismeansthattheUSeconomicgrowthratehasdeclined,whileinflationremainshigh,raisingconcernsaboutstagflationbecomingareality.Affectedbythisdata,theUSdollarindexjumpedto101.82duringthesession,closing0.12%higherat101.5.
WHY TAKING A LOSS IS THE MOST DIFFICULT THING TO DO IN TRADING
Losses are part of trading, but how do you feel when taking a loss? Does your stomach churn and heart palpitate? The feeling after a loss can linger for minutes, hours, and sometimes days. Taking a loss is definitely not as fun as taking home the trophy.
What is PMAM Software
To start with, a trading platform is a software system that allows people to trade various financial assets. It enables investors to open, liquidate, and manage market positions online using a financial intermediary, such as an online broker.
GBP/USD SINKS FROM WEEKLY HIGH AS RISK AVERSION TAKES HOLD
The British Pound is moving in different directions against the US dollar and the Euro as interest rate expectations for all three currencies continue to make their mark. In the UK, the Bank of England (BoE) is expected to hike rates by 25 basis points on May 11th and be open to hiking again if inflation remains stubbornly high.
China Surges to Integrate Digital Yuan into Its Financial System
Chinese digital currency-related stocks jumped on Monday in a weak broader market, amid the latest measures that China is taking to promote the use of its own central bank digital currency (CBDC), the digital yuan.
BlackBull Markets is Moving to blackbull.com
A New Zealand based broker, BlackBull Markets is a true ECN, No Dealing Desk brokerage specialising in Forex, CFDs, Commodities, and Fintech solutions for traders globally.
7 useful ideas to improve your candlestick analysis
Candlestick patterns are important tools in technical trading. Understanding them allows traders to interpret possible market trends and form decisions from those inferences. There are various types of candlestick patterns which can signal bullish or bearish movements.
MHMarkets ：MHM European Market
On Thursday (April 27) during the Asian session, spot gold rose slightly and is currently trading near the 2000 integer level. Investors continue to feel uneasy about the difficulties of the First Republic Bank of the United States and are concerned that US economic growth may unexpectedly shift downwards. Overnight, US stocks fell to a new low in nearly four weeks, providing support for gold prices.
How to Pay Off Credit Card Debt Fast and Raise a Low Credit Score?
You're not alone in the quest for going debt free – in the last quarter of 2022, credit card debt reached $986 billion, a $61 billion increase over pre-pandemic levels. Those balances will likely continue to rise due to inflation and rising interest rates. Though there is no quick fix for debt, despite what solicitors or infomercials claim, it's wise to view the journey as a challenge, and a learning opportunity to build a healthy credit score!
04/27 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets ：MHM Today News
The financial report of First Republic Bank of the United States has reignited concerns about the banking crisis in the market. On Wednesday, it was reported that the US government is currently unwilling to intervene in it, leading to market expectations for a further decrease in the Federal Reserve's interest rate hike in May. Coupled with economic data indicating higher borrowing costs and an uncertain economic outlook, capital investment is being suppressed, and the US dollar index has declin
WCG Markets:2023-04-27
WCG Markets:2023-04-27
MHMarkets ：MHM European Market
On Wednesday (April 26) during the Asian session, spot gold fluctuated narrowly and is currently trading around $1996.16 per ounce. Overnight market concerns about the banking sector rebounded. Concerns about the US debt ceiling crisis intensified. US stocks fell sharply. US bond yields recorded the largest one-day decline since March, providing support for gold prices. However, in the Asian session on Wednesday, risk aversion fell slightly, and gold prices were still suppressed by the resistanc
MHMarkets ：MHM Today News
Just one week away from the next Fed interest rate meeting, the market is surprised again. The US banking crisis has reignited, and the US economic data is mixed. The Federal Reserve's interest rate swaps are no longer fully priced, and the Federal Reserve will raise interest rates by mid year. However, as a safe haven currency, the US dollar briefly pushed up to the 102 level, closing 0.61% higher at 101.86.
04/26 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-04-26
WCG Markets:2023-04-26
How to Use Bull Power and Bear Power Indicator in Forex Trading
The Bull Power and Bear Power indicators are forex technical analysis tools that identify bullish or bearish trends. Think of the Bull Power indicator as your trusty steed, charging through the market with buying power stronger than a herd of actual bulls. And Bear Power indicator as a deterrent against pesky bears trying to bring down your profits. So, grab hold of those indicators, and let's make some profits (before the bulls and bears eat it all).
Introduction to Dollar Cost Averaging – A Long-Term Investment Strategy
Imagine you're a savvy investor, confident in your ability to predict market trends and make strategic decisions to maximize your profits. You buy low, sell high, and watch your portfolio soar. Sounds simple enough, right? But in the real world, timing the market is tricky for even the most seasoned investors. That's why many turn to a different approach: Dollar Cost Averaging (DCA). DCA allows you to invest a fixed amount regularly, reducing market volatility and providing a more stable return!
04/25 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets ：MHM European Market
In the Asian session on Tuesday (April 25), spot gold rose slightly, once touching the 2000 mark. At present, its trading is near $1993.56/ounce. Overnight data shows that manufacturing activity in Texas shrank in April. The market's expectation of the Federal Reserve's interest rate cut within the year is rising. The dollar index fell to a new low for more than a week. The market's concern about the US debt crisis is rising. The yield of US bonds fell to a new low for more than a week, providin