The US CPI will give direction to the Fed
The Consumer Price Index (CPI) is a broad measure of inflation within an economy in relation to the cost of goods and services. That figure can have a significant impact on the value of a currency in relation to the currencies of other nations.
FOREX TODAY: DOLLAR STRENGTHENS ON MIXED MARKETS, COMMODITIES UNDER PRESSURE
The U.S. dollar is demonstrating extraordinary strength against other global currencies this summer, touching highs against the euro, the Japanese yen and others, with broad effects globally and within the United States.
DAX 40 & DOW JONES: weekly analysis 8th – 12th May
The DAX 40, or DAX Index, is a German stock market index comprising the 40 biggest companies - by market capitalization and liquidity - trading on the Frankfurt Stock Exchange (FSE). The DAX 40 is considered a strong measure of German and European economic health. View the chart for real-time information on the DAX price, and follow the latest DAX news, analysis and forecasts.
China's Exports Continue Its Positive Trend, Imports Decline
China’s exports grew 8.5% in April in U.S. dollar terms, marking a second-straight month of growth, while imports fell 7.9% compared with a year ago.
May 16, 2023-MHM European Perspective
Spot gold was narrowly oscillating during the Asian session on Tuesday (May 16) and is currently trading near $2015.11 per ounce. The market is generally waiting for the debt ceiling negotiation between President Biden and Republican House Speaker McCarthy later in the day, and the market is in a wait-and-see mood. Previous concerns about debt default to gold prices to provide safe-haven support, but the current market optimism that the U.S. may reach a debt ceiling agreement has risen, which pu
May 16, 2023 - Fundamental Reminder
On Monday, spot gold oscillated narrowly and was blocked several times at the $2,020 mark before finally closing up 0.28% at $2,016.44 per ounce. Spot silver moved in the same direction as gold, eventually closing up 0.52% at $24.09 per ounce.
USDCHF analysis for 15.05.2023
The USDCHF currency pair has recently experienced a bearish wave, with the price line displaying a consistent downward trajectory. As the price approaches a key support zone, traders and investors are closely observing this area for potential opportunities.
US stocks finish in the green on weak data and regional bank short squeeze
Major US indices finished broadly higher after weak Empire State manufacturing figures fed into the “bad news is good news” for equities narrative, and a surge higher in regional bank stocks allayed fears of further crises in that sector in the short term. The Russell 2000, being the home of most of these mid-sized banks outperformed, finishing up 1.19%, KRE (the regional banking ETF) rose 3.16% on the day.
US INFLATION EXPECTATIONS SOAR TO 12-YEAR HIGHS
The US Dollar starts the new week on a softer footing for now following a solid rally late last week which saw the Dollar Index breaking out to its highest levels in over a month. The move was driven in part by comments from various Fed members pushing back against the idea of rate cuts coming later this year.
05/16 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
US Debt Ceiling Situation And The Impact It Could Have On Gold Prices
The US Debt Ceiling situation continues to drag on, in this article we will briefly discuss the implications on the market if the US does default for the first time in history, and how that could affect the price of Gold.
Hammer candlestick pattern: a strategy guide
In the 16th century, in England, there was a law that required every homeowner to own a hammer. With this law in place, in case of a fire, every citizen had the necessary tools to help put out the flames. Imagine if every trader had to use a hammer strategy in case of market fluctuations.
ECB reveals it may have to bloom
The European Central Bank says a rate hike may take longer than expected.
AUS GLOBAL won the Trading.Live Best Trading Environment Award
2023 The first Trading.Live Trading Impact Awards Ceremony was grandly held on May 14 in Kuala Lumpur, Malaysia. At this conference, AUS GLOBAL won the 2023 Trading.Live "Best Trading Environment Award".
GEMFOREX - weekly analysis
Top 5 things to watch in markets in the week ahead
May 15, 2023-MHM European Perspective
Spot gold rose slightly during the Asian session on Monday (May 15) and is currently trading near $2016 per ounce. Fears of a U.S. debt default and worries about a global recession are providing safe-haven support to gold prices.
May 15, 2023 - Fundamental Reminder
Last Friday, spot gold fell first and then rose, narrowly holding the $2000 mark; However, during the US trading session, there was a slight rebound and it briefly reached the 2020 level, ultimately closing 0.2% lower, ending two weeks of continuous gains and closing at $2010.86 per ounce. Spot silv
FP Markets crowned ‘Best CFD Broker in Africa’ at FAME Awards 2023
FP Markets receives the prestigious accolade of ‘Best CFD Broker in Africa’ at the FAME Awards 2023, part of the Finance Magnates Africa Summit (FMAS23).
Forex Correlations: How Stocks, Gold, Oil, and Bonds Influence Forex Rates
Successful forex trading isn’t just about analyzing multiple currency pairs and correlations. It’s important to think beyond and broaden your focus on intermarket forex correlations like how commodities like Gold, Crude oil, Bonds, and Equities markets affect the forex market. Join me as I cover three crucial forex correlations and how you can leverage them to your advantage in forex trading!
Which Emerging Currencies Have Shown The Most Growth In 2023?
Emerging market currencies have been in the spotlight since 2023, with many investors optimistic that this year could bring some relief after a rough 2022. According to a survey of 40 foreign exchange strategists, emerging currencies are expected to drift higher in the coming months thanks to improved global growth prospects in 2023.