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 ……
12/09 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Voila! The Way to Success is Easy with This Way
Everyone who wants to join a business must want to succeed. As well as joining this business forex, traders must want to be successful.
European Stock Futures Exchanges Diverse; Recession Fears Stir Up Nervousness.
European stock markets are expected to trade mixed on Thursday, with investors concerned about the state of the global economy ahead of a key central bank meeting next week.
US OPENING BELL 8-12-2022
EUROPEAN EQUITIES HEAD FOR THE FOURTH CONSECUTIVE NEGATIVE DAY AHEAD OF THE US OPENING BELL; INVESTORS SHIFT INTO WAIT-AND-SEE MODE AHEAD OF THE NEXT CRUCIAL WEEK; THE BOC RAISED INTEREST RATE AS EXPECTED.
Afternoon Briefinging 8 December 2022
The following is a brief review of the day's events as reported.
What is Recession and How it would Impact Our Daily Lives?
The global economy is teetering on a cliff’s edge, as market indicators are flashing warning signals that we are heading toward a recession sooner than expected. An updated report by Ned Davis reveals some sobering historical context, showing that a global recession is 98% likely. The harsh reality is that every single person will suffer from the effects of a recession, and you can already feel the inflationary pressure as interest rates and consumer prices rise globally.
MHM Today’s News
☆ 09:30 China publishes annual rate of CPI for November. ☆ 21:30 U.S. publishes annual rate and month rate of PPI for November. ☆23:00 U.S. releases one-year inflation rate expectations for December and preliminary of University of Michigan Consumer Confidence Index for December. ☆ The following day 02:00 U.S. releases total number of oil wells drilled for the week to Dec. 9. ☆ Next day 04:30 U.S. Commodity Futures Trading Commission publishes its weekly COT Report.
Wow! You Will Get a Golden Entry Trip if Do It
When you join the forex business, you should know that this forex is fully analyzed and strategy, so traders should know about open positions and golden entry trip.
Forex Trading: How to Adapt to Changing Market Conditions
How many of you think that the ultimate secret of success in forex lies in finding the right trading strategy? What if we tell you that merely having a trading strategy isn’t enough, as you need to modify your trades in accordance with changing market conditions?
Mohicans markets：December 8-European Perspective
On Thursday, December 8, Beijing time, during the Asian and European session, spot gold shocks slightly down, and is currently trading at $ 1783.55 per ounce; the dollar index rebounded slightly so that gold prices retracted some of the overnight gains.
Mohicans markets：MHM Today’s News
On Wednesday, December 7, the dollar index fell slightly, once down 0.7% and lost the 105 barrier, closing down 0.37% at 105.18. The euro lost 1.05 against the dollar, the pound rose against the dollar to 1.22, the dollar fell below the 137 barrier against the yen.