US first-time unemployment benefits unchanged. USD falls, gold rises, non-farm data pending.
US first-time unemployment benefits unchanged. USD falls, gold rises, non-farm data pending.
3/08 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets：March 08, 2024 Economic Highlights
On Thursday, influenced by Powell's dovish remarks, the US Dollar Index weakened, falling to a more than six-week low, closing down 0.54% at 102.81.
WCG Markets:2024-03-08
WCG Markets:2024-03-08
3/07 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets：2024.03.07 MHM European Time Analysis
In the forex market, the U.S. dollar experienced a decline against major currencies following Federal Reserve Chair Jerome Powell's announcement that interest rates would be lowered this year, with the dollar index dropping to 103.36.
MHMarkets：March 07, 2024 Economic Highlights
On Wednesday, the US Dollar Index experienced fluctuations during the Asian and European sessions, but weakened during the US session, closing down 0.398% at 103.37, following Powell's statement on Capitol Hill about a potential rate cut later in the year.
Powell says rates to be cut this year, US dollar falls; gold prices rise, hit new highs.
Powell says rates to be cut this year, US dollar falls; gold prices rise, hit new highs.
Market Recap: March 7, 2024: A Summary of Today's Market Movements
On Wednesday, U.S. stocks rebounded, recovering a part of losses caused by the prior session's sell-off. The Dow Jones Industrial Average rose 75 points (+0.20%) to 38,661, the S&P 500 climbed 26 points (+0.51%) to 5,104, and the Nasdaq 100 was up 119 points (+0.67%) to 18,017.
EBC Financial Group Recognized as "Best-Rated Broker" at 2023 FOLLOWME Broker of the Year Awards
Operating in multiple countries, EBC Group prioritises robust trading environment that listens to traders' voices and won the "Best-Rated Broker" Award
WCG Markets:2024-03-07
WCG Markets:2024-03-07
EBC Financial Group: Setting the Standard for Transparency and Trust in the Global Financial Landscape
The award proves that EBC is a credible partner in finance industry and sets the higher standard for transparency and accountability.
3/06 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets：2024.03.06 MHM European Time Analysis
In the forex markets, the U.S. dollar showed weakness against a basket of major currencies, influenced by the market's anticipation of a Federal Reserve interest rate cut in June, bringing the dollar index down to 103.75.
DAILY MARKET NEWSLETTER March 6, 2024： A Comprehensive Overview of Market Movements and Economic Data
Navigating Market Volatility and Global Events
The performance of the US dollar continues to be weak Gold rose to a new high and then fell back for consolidation
The performance of the US dollar continues to be weak Gold rose to a new high and then fell back for consolidation
Singaporean Millionaire Takes the Forex World by Storm: Seals Deal as New Owner of Vonway
In a thrilling turn of events that has left the financial world buzzing with excitement, a millionaire from Singapore has made a bold move by acquiring Vonway, one of the hottest of forex brokerage in 2023. This groundbreaking deal not only solidifies the Singaporean tycoon's stature as a major player in the global financial scene but also signals the dawn of a new era for Vonway and the entire forex industry.
MHMarkets：March 06, 2024 Economic Highlights
On Tuesday, the U.S. Dollar Index rose during the Asian and European sessions, approaching the 104 level, but fell sharply after the U.S. February PMI missed expectations, closing down 0.052% at 103.78.
WCG Markets:2024-03-06
WCG Markets:2024-03-06
Financial News Today
Market Review for March 6, 2023