Gold recovers amid pre-CPI weakness of US Dollar
Market sentiment improved during early Tuesday, underpinning the US Dollar pullback, as traders expect softer US inflation data based on early signals. Also likely to have favored the cautious optimism could be the Covid-linked positive headlines from China and mixed employment report from the UK.
12/14 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Inflation Hedging: Trading Forex to Hedge Against Inflation
Inflation has become the leading concern for global citizens in 2022, and it is no surprise that asset owners, also share this concern. CNBC reports that the consumer price index, a key inflation barometer, increased 7.7% in October compared to a year ago. Experts predict this trend looks well set to continue for the next quarter too. With inflation soaring, what are the best strategies for fund managers going forward? Apparently, inflation hedging can be accomplished on multiple fronts.
Mohicans markets：December 13-European Perspective
On Tuesday (December 13, Beijing time), during the Asian European session, spot gold rose slightly in shock. At present, the trading volume is around 1784.92 US dollars/ounce. The market expects that the US CPI growth will slow in November, providing support for gold prices. However, before the data is released, the market is in a strong wait-and-see mood.
Knowing Forex Trading Plan is Important, Why?
Business people need the right plan to make their business profitable, as well as traders, must know a reason that is important to know the forex trading plan.
Recessionary fears continue to build ahead of cash rate changes
The cash rate is the interest rate on unsecured overnight loans between banks. It is the (near) risk-free benchmark rate (RFR) for the Australian dollar and is also know by the acronym AONIA in financial markets. As It is expected to be a big week for equity markets with important economic data to come out this week.
WTI hits lowest levels for the year
Global oil prices slid below $80 per barrel for the first time since January on Tuesday, extending a downward trend as growing concerns about global demand offset any bullish effects from an EU-led price cap on Russian oil sales.
BIGGEST STOCK EXCHANGES IN THE WORLD – WHAT’S A STOCK EXCHANGE?
A stock exchange, securities exchange, or bourse is an exchange where stockbrokers and traders can buy and sell securities, such as shares of stock, bonds, and other financial instruments. Stock exchanges may also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividends.
Mohicans markets：MHM Today’s News
☆ To be determined, OPEC will release monthly crude oil market report. ☆ To be determined, the EU Energy Minister will hold a special meeting. ☆ At 15:00, Germany announced the final monthly rate of CPI in November. ☆ At 18:00, the ZEW economic climate index of Germany and the euro area was released in December. ☆ At 21:30, the US announced the quarterly adjusted CPI annual rate in November, the quarterly adjusted CPI monthly rate in November, and the quarterly adjusted core CPI annual rate in N
GEMFOREX - weekly analysis
The week ahead: Dollar awaits key US data
Trend Following: Profiting in Bullish, Bearish, and Volatile Markets
As financial markets are facing heightened uncertainty in 2022, more forex traders are actively implementing trend following strategies in an effort to safeguard their portfolios. If you want to make profits in a volatile forex market, make sure you pay attention to the overall market trend. There is a reason experts say, the trend is your friend!
Mohicans markets：December 12-European Perspective
On Monday (December 12, Beijing time), during the Asian European session, spot gold fell in shock. At present, the trading volume is near 1787.05 US dollars/ounce, which was hit by the rebound of the US dollar. This week, the market focused on the US November CPI data and the US Federal Reserve's interest rate resolution. On Friday, the US PPI data was stronger than expected, and the market's fear of US inflation rose, providing support for the US dollar. Of course, this week's ECB interest rate
KNOWING CANDLESTICK, WHAT ARE THE FUNCTIONS?
Candlestick charts are used by traders to determine possible price movement based on past patterns. As a trader, you may already be familiar with candlesticks. This is one way that many traders use to see various kinds of data about assets.
Market view: USD/CLP
The Chilean Peso (CLP) is the official currency of Chile. The symbol for the Peso is $
How the World Cup affects markets and traders.
Analysis of the previous World Cups shows that trading volume drops substantially in the country that has a team playing at the time. The average is 55% of trading in a particular country will drop off as traders presumably watch the game.
Several Forex Trading Facts Important to Know
Traders attract to the forex business because this business is profitable and has other benefits, so traders will succeed if they know about forex trading facts.
12/12 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHM Today’s News
☆ 15:00 The UK announced the monthly GDP rate in October, the monthly manufacturing output rate in October, the quarterly adjusted commodity trade account in October, and the monthly industrial output rate in October. ☆ EU sources said that EU foreign ministers planned to approve new sanctions against Russia and Iran at the meeting on December 12.
Don't Buy Forex in this Time, Here are the Explanation
Traders should know that only several times for traders should buy forex because there are certain times they don't buy forex, that traders should know it.
December 9-European Perspective
On Friday, December 9, Beijing time, during the Asian and European session, spot gold shocks up, and is currently trading near $ 1795 per ounce. Market concerns about the lingering U.S. recession dragged the dollar down, approaching support for more than five-month lows, providing support for gold prices. Market expectations that the Federal Reserve will slow down some of its interest rate hikes also helped the bulls. However ……