Mohicans markets：MHM Today News
On Friday, market concerns about the banking crisis dragging down the economy made a comeback, coupled with the University of Michigan's consumer inflation expectations for the coming year plunging to 3.8%, the dollar index continued to dive, once falling to 103.68, closing down 0.53% at 103.85.
Forex Trading during Recession: 5 Reasons to Consider
While no one knows how long a recession lasts, the financial consequences of making poor trading decisions during the recession can be devastating. Interestingly, there is one market that remains viable even when the stock and crypto markets plummet. Forex trading during recession offers excellent profit opportunities, as it offers income opportunities even during economic downturns. Let's explore!
Forex Account: 10 Tips to Grow your Small Forex Account
Not every trader has the luxury of starting the trading journey with a big forex account. Does it mean that traders with a small trading account can grow their accounts? Yes, they absolutely can. Through the right risk management rules and good investment decisions, a small account can be turned into a bigger one.
Market Closure in March
Please refer to the following table for the changes in the trading hours during the month of March 2023. The time and date mentioned in this notification are the system time (GMT +3) and are subject to change. For up to date information, please refer to the information on our trading platform.
Weekly News 2023/03/06-2023/03/12
Index / Stocks / Crypto / Metals / Commodity & Futures / Forex
Mohicans markets：MHM European Market
On Friday (March 17), in Asian session, spot gold rose in oscillations and is currently trading around 1931.75 US dollars per ounce, although the US dollar index has slightly declined, providing momentum for gold prices to rise. However, large American banks have injected $30 billion into First Republic Bank to rescue the Bank of First Republic, which has been caught in the recent financial turmoil. The Swiss Central Bank has also offered $54 billion in life-saving assistance to Credit Suisse.
Stocks and Oil hammered, Gold and Bonds rally on Credit Suisse woes
U.S. stocks extended gains in the afternoon session yesterday on reports that major banks are in talks to bolster First Republic Bank sparking a rebound in shares of embattled regional lenders. Treasuries fell after the European Central Bank delivered a rate hike that added to bets the U.S. central bank will also raise next week.
Fundamental Analysis Friday 13 March 2023
Fundamental analysis is a way of looking at the forex market by analyzing economic, social, and political forces that may affect currency prices.
Forex Chart Of The Day: USDJPY Price Finds Support At 132.75
USD/JPY meets with a fresh supply on Friday and is weighed down by reviving demand for the JPY.
EURUSD analysis for 16.03.2023
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world.
Mohicans markets：MHM Today News
Last night, despite the bank crisis, the European Central Bank continued to raise interest rates by 50 basis points as scheduled, sparking speculation about the Fed's movements next week. The dollar index once soared to 104.76, closing 0.19% lower at 104.47. US bond yields rose, with 10-year US bond yields hitting a new six-week low in the session to around 3.37%, rebounding nearly 10 basis points, rising from 3.45% to 3.58% within the day; The yield on two-year US Treasuries, which are more sen
03/17 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-03-17
WCG Markets:2023-03-17
Want to be a Successful Forex Trader, Do These in 7 Day
Given the highly fluctuating and unpredictable market, especially for beginners, we will focus on handling that while also providing other important knowledge here. Here is a guide that can help you become a successful forex trader:
Mohicans markets：MHM European Market
On Thursday (March 16), during the Asian session, the spot gold fluctuated and was currently trading at around 1918.34 US dollars/ounce. Although the Swiss regulatory authority promised to provide liquidity assistance to Credit Suisse, the risk aversion sentiment lingered. Moreover, the market's expectation of a 50 basis point interest rate increase by the European Central Bank in the evening has dropped to 25 basis points, even maintaining the current interest rate unchanged; The market's expec
USD/JPY BEARS PRINT A 4-WEEK LOW
The USD/JPY pair has been failing to hold to its gains, and it's been trading beneath its opening price by around 0.33% after hitting a daily high of 128.88. Credit Suisse's 2022 annual report was published on Tuesday and it cited "material weaknesses" in its internal controls over financial reporting, noting that it had not yet stemmed customer outflows. This has provoked a flight to safety in financial markets, massaging the downside in USD/JPY.
Fundamental View
Fundamental analysis is a method of determining a stock's real or "fair market" value.
Mohicans markets：MHM Today News
Last night, US inflation unexpectedly showed signs of cooling down. The PPI data unexpectedly fell 0.1% month-on-month, and the year-on-year growth slowed from 5.7% to 4.6%. The "terrorist data" also dropped sharply. However, due to the market's fear that Credit Suisse would trigger the European banking crisis, the safe-haven market flooded into the US dollar, and the US dollar index once broke the 105 mark in the intraday, closing up 1.01% at 104.77.
Asian Stocks Digesting US Banking Woes, China Outperforms
Asian stocks crept higher on Monday as markets gauged the potential fallout from a banking crisis in the U.S., while Chinese indexes outperformed as the government promised more support for the economy.
03/16 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】