The US dollar weakened, while gold slightly rose during Thanksgiving OPEC+postpones meeting, oil prices continue to decline
The US dollar weakened, while gold slightly rose during Thanksgiving OPEC+postpones meeting, oil prices continue to decline
11/24 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-11-24
WCG Markets:2023-11-24
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EBC Offcial Statement
EBC Offcial Statement
MHMarkets：Positive US economic data spurred a short-term surge in the dollar index
At the end of the Asian market on Thursday (November 23)，Yesterday, the US released a series of economic data, data showed that the US new orders for durable goods in October was 279.4 billion dollars, up 5.4% month on month, significantly better than the market expectation of -3.2%, the number of US initial jobless claims last week was 209,000, lower than the market expectation of 225,000 and the previous week's revised 233,000, The US consumer confidence index came in at 61.3 in November, abov
MHMarkets：November 23, 2023--Fundamental Reminder
On Wednesday, the dollar index rebounded from a 2-1/2-month low, possibly on the view that the U.S. labor market was not cooling as quickly as expected. I
Market trading is light before Thanksgiving holiday Initial application and other data support the rebound in US dollar and US bond yields
Market trading is light before Thanksgiving holiday Initial application and other data support the rebound in US dollar and US bond yields
Why gold traders should be looking at USOIL
XAU traders have been weathering some volatility over the last few months, with dips to lows of $1,820 (USD), rebounding to new all-time highs just weeks later. Well-timed orders in the right direction surely made a few XAU traders very happy this year, but if you’re not already holding open a gold order below the 1900s, you might be limited to day trading current volatility.
Technical Analysis & Forecast 22.11.2023
EURUSD is forming a movement to 1.0894 inside a decline wave today. Upon reaching this level, the pair could form a growth link to 1.0929. Practically, a wide consolidation range is emerging around this level. The market could try to extend the range to 1.0990. Next, the quotes might drop to its lower boundary at 1.0824. This is the first target.
OpenAI upheaval triggers new all-time high in MSFT
Investors in Microsoft were on edge this weekend as Sam Altman, the CEO of OpenAI, was let go. Greg Brockman, another OpenAI co-founder and a key player at Open AI, opted to leave following the news.
Ichimoku Cloud Analysis 22.11.2023 (GBPUSD, USDCAD, NZDUSD)
GBPUSD is correcting after setting a new local high. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Kijun-Sen line at 1.2440 is expected, followed by a rise to 1.2645. An additional signal confirming the rise will be a rebound from the lower boundary of the bullish channel. The scenario can be cancelled by a breakout of the lower boundary of the Cloud with the price finding a foothold under 1.2325, which will mean a further decline to 1.2230.
GBP/USD slides amid US inflation concerns, mixed UK economic outlook
The GBP/USD tumbles during the mid-North American session after economic data from the United States (US) suggested the battle against inflation is not done while the economy continues to decelerate, as sought by the US Federal Reserve (Fed). At the time of writing, the pair is trading at 1.2456, losing 0.63%.
Bank of Canada says rates may be at peak, excess demand now gone
Bank of Canada Governor Tiff Macklem said on Wednesday that interest rates might be at their peak, given excess demand has vanished and weak growth is expected to persist for many months.
11/23Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-11-23
WCG Markets:2023-11-23
11/22 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets：The Fed hinted that policies would need to remain “restrictive” due to concerns that inflation may stubbornly or modestly rise.
At the end of the Asian market on Wednesday (November 22), the latest minutes of the November Fed meeting showed that the Fed hinted that policies would need to remain "restrictive" due to concerns that inflation may stubbornly or modestly rise.