Mohicans markets：MHM Today News
Last week's CPI and other data released reinforced expectations of a further slowdown in rate hikes to 25 basis points at the Fed's next meeting, with the University of Michigan's consumer inflation expectations released last Friday (Jan. 13) retreating further. The U.S. dollar index, on the other hand, sank further to a low since June 2022, rebounding after falling below the 102 mark to close down a slight 0.06%, barely closing above 102 at 102.18.
WCG Markets:2023-01-16
WCG Markets:2023-01-16
Trading Schedule for Martin Luther King Day 2023
Martin Luther King Day 2023 is an annual federal American holiday that celebrates the birthday of Martin Luther King Jr. (January 15). It celebrates the life and achievements of this influential
The Odds of a Dovish Fed in February Increase, Putting Pressure on the USD
The U.S. dollar tends to strengthen when the global economy is weak, the United States outperforms the rest of the world, and the Fed goes on the offensive with rate hikes. On the other hand, the dollar tends to weaken once the Fed pivots back toward more accommodative policy, and the rest of the world grows in tandem.
Tesla among stocks to benefit from a soft landing as U.S. likely to avoid recession - GS
The Fed's Soft Landing Might Still Be Possible. Monetary policy is roughly on track — because nobody doubts the central bank's commitment. Goldman Sachs strategists urged the broker's clients to hope for the best but plan for the worst, a lesson learned in 2022.
Gold begins 2023 on front foot as climax in Fed tightening gets closer
Starting in late 2022, gold futures started an upward trend. This was just as the U.S. dollar started softening in value. While there will be bumps one way or the other, the overall outlook for gold in 2023 is shiny.
On your marks! Get set for 4th quarter earnings
Q4—also known as quarter-four or the fourth quarter—is the last quarter of the financial year for both corporations and other organizations. Many companies' Q4 dates follow the calendar year, starting on Oct. 1 and ending on Dec. 31.
CHANGES IN THE TRADING SCHEDULE ON JANUARY 16
FreshForex is a broker offering forex through several account types and the MT4 platform. In line with the upcoming celebration of Martin Luther King Day in the United States on January 16, this broker too has informed it's clients that there will be changes in the schedule of trading sessions.
How to Use Commodity Channel Index (CCI) Indicator in Forex Trading
The Commodity Channel Index (CCI) is a popular technical indicator used by traders in various markets, including forex, for detecting overbought or oversold conditions. Introduced by Donald Lambert in 1980, the Commodity Channel Index (CCI) Indicator allows traders to enter or exit a trade right before a trend begins. If you’re wondering what Commodity Channel Index (CCI) is and how it helps you trade better, this article will help you out!
Recognize How Forex Works to Make You Rich
The forex business is profitable but a lot of people don't know how it works profitably.
Mohicans markets：MHM European Market
On Friday, 13 Jan. Asian period, spot gold shocked and slightly fell, trading around at $1893/ounce. Although the overnight data showed that US inflation increased slowly, the market increased the expectation that the Fed decreased the rate hikes.
01/13 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Trader Personal Information: Why Brokers Need to Know that?
Those of you joining a broker for the first time will ask why they asked for trader personal information. But it's not for a wrong cause. For many reasons, brokers also need to require you to fill in personal data before trading.
New York Times business news - Jan 13
Breaking news and analysis on business and the economy, including the latest news in technology, stock markets, media, and finance can all be found at this media site.
GBP remains balanced. Overview for 12.01.2023
Yesterday the GBP/USD traded higher and closed the day in the positive territory around $1.2210. Today it was trading in a narrow range of $1.2190-30, staying close to a 4-week high. On the hourly chart, the GBP/USD is still trading above the MA (200) H1 moving average line ($1.2080).
Europe set for a positive start ahead of UK data
Based on Yesterday’s US CPI report for December, while positive for the narrative that inflation is falling back sharply, as well as reinforcing the belief that the Fed will implement another downshift in the pace of their rate hiking cycle to 25bps, also presents the FOMC with a problem.
Mohicans markets：MHM Today News
On Thursday, stimulated by the slowly cooling CPI data, the spot gold plummeted nearly $14 in the short term, and then rebounded rapidly, breaking the 1900 barrier for the first time since May last year.
WCG Markets:2023-01-13
WCG Markets:2023-01-13
GEMFOREX Numbers Outlook – Year-End 2022 (DEC)
The end of December marks the end of the year 2022 and it has turned out a great year for GemForex
Mohicans markets：MHM European Market
On Thursday (January 12), in the Asian session, the spot gold rose in volatile. The current trade price is around $1883.80 /ounce, approaching the new seven-month high of $1886.50 /ounce hit overnight. The market expects that the US CPI data will show a slowdown in the growth of inflation, and the US dollar is weak at the low level in the past seven months, providing support for the gold price.