USD/CHF PRICE ANALYSIS: RALLIES BACK ABOVE 0.9250 RECLAIM THE 20-DMA AS BULL’S EYE THE 50-DMA
The USD/CHF is moving sharply during Friday’s North American session, as Wall Street is set to finish the last trading day of the week with losses. Therefore, the USD/CHF is trading at 0.9260, above its opening price by 1.42%.
Gold Can Outperform Crypto and Stocks in 2023
Majority of the Experts believe that gold may appear to be the best-performing asset in 2023. It can outperform other leading instruments including cryptocurrencies and stocks due to the FED’s ease in the tightening inflation cycle.
GBPNZD analysis for 03.02.2023
The summary of British Pound / New Zealand Dollar is based on the most popular technical indicators, such as Moving Averages, Oscillators and Pivots.
EUR looking to continue its bullish trend ahead of FOMC and ECB meeting
The Euro is steady going into the European session last week and is looking to notch up a fourth straight monthly gain after making a 20-year low last September.
Mohicans markets：MHM European Market
On Monday, February 6, during the Asian session, spot gold shock rebound and is currently trading near $ 1877 per ounce. The performance of last Friday's U.S. non-farm payrolls data was strong, ISM non-manufacturing PMI was also very beautiful, and the dollar index rose sharply.
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Mohicans markets：MHM Today News
The non-farm payrolls data released on Friday night was stronger than expected, with the U.S. unemployment rate falling instead of increasing to a new low of more than 50 years and year-over-year payroll growth slowing less than expected. The employment data is currently one of the Fed's most concerned indicators, and the upsetting non-farm payrolls data could weaken the Fed's anti-inflation efforts.
02/06 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
GEMFOREX Numbers Outlook – January 2023
January has ended and the first month of 2023 is now behind us.
02/03 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
A Brief Guidance for Forex Ambitious Beginners
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Mohicans markets：MHM European Market
During the Asian session on Friday, February 3, US crude oil fell slightly, and is currently trading at around US $75.75/barrel. The EIA crude oil inventory increased for the sixth consecutive week, and the US dollar index rebounded sharply on Thursday, putting pressure on oil prices. However, the market expects more signals of a strong recovery in China's fuel demand to offset the upcoming demand decline in other major economies.
Mohicans markets：MHM Today News
On Thursday, February 2, markets were again dovish in interpreting ECB and BOE decisions. The dollar index rebounded and closed up 0.56% at 101.74. The decline of the euro and the pound accelerated, the euro fell below the 1.10 mark against the dollar, and the pound fell more than 1% against the dollar.
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WCG Markets:2023-02-03
WCG Markets:2023-02-03
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Mohicans markets：MHM European Market
On Thursday (February 2), during the Asian session, the spot gold fluctuated at a high level, is trading near 1953 US dollars per ounce at present. Fed Chairman Powell made a slightly dovish speech, which made the US dollar continue to weaken and provided support for the gold price. The market's attention turned to the NFP report to be released on Friday. The market expectation is neutral and weak, slightly biased towards gold bulls.
Mohicans markets：MHM Today News
On Wednesday (February 1), influenced by the market dovish interpretation of the Fed's resolution, the US dollar index fell below 102, reaching 101, closing down 0.92% at 101.15. Non-U.S. currencies generally rose, and the euro/dollar once broke the 1.10 mark.