USD/JPY Weekly Forecast: Cautious Ahead Of US Inflation
The annual inflation rate for the United States is 6.5% for the 12 months ended December 2022 after rising 7.1% previously, according to U.S. Labor Department data published Jan. 12. The next inflation update is scheduled for release on Feb. 14, 2023, at 8:30 a.m.
The Practical Impossibility of Confiscating Gold
For one reason or another, there is always a fear lurking among gold investors that governments, in the future, will confiscate gold. This persists even though the risk of gold confiscation is so miniscule that it isn’t worth paying much attention to. Potential foreign exchange controls and the confiscation of savings are of much greater importance.
Canadian Dollar Update, February 10, 2023 – Canadian dollar awaiting Labour Force Survey
Traders are looking forward to the release of the January Labour Force Survey (LFS) in the hopes that it will provide some short-term direction for the currency. That may just be wishful thinking.
Binance Announces Upgrade of Proof of Reserves Verification System
Continuing the efforts in providing transparency on user funds, Binance is excited to introduce zk-SNARKs, a zero-knowledge verification method that keeps sensitive information private and more secure, to its Proof of Reserves (PoR) Verification System.
Remember! This Time Open Position to Get Profit
There are many kinds of orders in forex trading. One of the orders is an open position. It must consider before trading.
GEMFOREX - weekly analysis
The week ahead: 5 things to watch.
FX Outlook 2023: Major Currencies Forecast
Following a year of slowing global economy on aggressive fiscal and monetary tightening, reimposed Covid restrictions in China and the Russia-Ukraine war, weaking growth is expected to linger into 2023. Here are some insights on FX outlook 2023 that will help shaping your perspective with insights about the global economy and the anticipated performance of major currencies.
Forex Swing Trading Strategy: Ultimate Guide
Have you ever heard the phrase ‘Why chase a rabbit when you can wait for it to come back to you?’ Well, that’s the ethos of Forex Swing Trading Strategy. Instead of jumping in and out of trades every five minutes, just sit back, relax, and let the market do its thing. And when it does, BOOM, we strike like a ninja, capturing big profits with minimal effort. Let’s discuss how this medium-term trading style helps forex traders' profit from market highs and lows!
Forex Position Trading Strategy: Ultimate Guide
Position trading in the Forex market is like a slow dance with the market. It's not about quick moves and fast profits, it's about finding the right partner and holding on for the long haul. In this way, you won't have to spend all day staring at your computer screen trying to make trades. Instead, you can sit back, relax, and wait for the perfect moment to strike. And when you do, the profits roll in!
What do You Need to Learn Forex Trading in 2023
Since forex trading is done online, of course a computer / laptop is an absolute necessity for a trader. In today's mobile era, this activity can also be done even with a smartphone or tablet.
02/13 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Let's Know the Price Line in Forex Deeply
The Forex Price changes easily which is making traders difficult, and traders must know the price line in forex. Even more for you who want to make the right analysis.
Mohicans markets：MHM European Market
On Friday, February 10, international gold prices continued to move lower and hit a new low since Jan. 6 to $1,852.61 per ounce. The dollar tried to benefit from the Fed's hawkish comments as investors remained wary of the Fed's upcoming rate hike. Investors also expect that the Fed will eventually raise interest rates to more than 5%.
Mohicans markets：MHM Today News
Data released on Thursday night showed that the number of U.S. jobless claims had risen, but it was still less than 200,000, which was then interpreted as a major sign of the recovery of the labor market. Coupled with the "hawk" of the Federal Reserve Barkin and the alarm released by the bond market, there was a huge earthquake in the market last night. The US dollar index once fell below the 103 mark during the day, and then continued to rise and closed down to 0.21% at 103.23.
Siemens closes in on all-time high after guidance upgrade
Siemens (ETR:SIEGn) stock soared on Thursday, closing in on an all-time high after a strong start to its fiscal year highlighted the benefits of a profound corporate restructuring over the last decade.
NZD/USD Fails to Push Back Above 50-Day SMA
The NZD/USD pair has dropped sharply below 0.6320 as the China’s National Bureau of Statistics (NBS) has reported lower-than-anticipated Consumer Price Index (CPI) (Jan) data. The annual inflation data has landed at 2.1% lower than the consensus of 2.2% but higher than the prior release of 1.8%.
European Daily Market Review
European stocks closed higher on Thursday as the mood remained positive thanks to some encouraging earnings updates and expectations of a milder-than-expected recession. European markets added some side, as most traders and investors weighed up the economic outlook.
Daily summary: Wall Street indices wipe out early gains
We are able to observe how the European stock market was one of success in today’s session. The main indices from the Old Continent surged upwards shortly after the start of trading and ended the day on a positive note despite a pullback in the second half of the day. The DAX set new local peaks and gained more than 0.7 per cent.
Crypto market forecasting with indicators
Cryptocurrency trading has gained a lot of traction in the past few years and has forged a niche of its own. Most investors hold Bitcoin and stake cryptocurrencies for long periods, hoping to see their investments grow without too much fuss. However, an increasing number of investors spend time and resources trying to make a living out of crypto trading.
02/10 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】