WCG Markets:2023-09-14
WCG Markets:2023-09-14
Canadian Dollar Update – Canadian dollar rises with improved risk sentiment
USD/CAD Open: 1.3596-68, Overnight Range: 1.3587-1.3640, Previous Close: 1.3640
09/13 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets：The US dollar rises again after dropping from high, the Euro leads gains, and US crude oil is about to hit a key historical level!
On Wednesday (September 13), spot gold fluctuated and fell slightly during the Asian and European session and is currently trading near $1909.58 per ounce.
Sponsorship Agreement signed between Mensa Finance and Roda JC Kerkrade
Roda JC Kerkrade and Mensa Finance declared cooperation
MHMarkets：September 13, 2023 - Fundamental Reminder
The dollar index rose and fell on Tuesday, flirting with the 105 mark in pre-market trading before giving up most of the day's gains to end up 0.02% at 104.54. In U.S. Treasury yields, the two-year yield rose sharply and stood at 5% to close at 5.020%, while the 10-year yield fell back to 4.280%.
Investors are surging towards to the United States again! High oil prices exacerbate inflation concerns
US inflation data is coming soon, gold prices plummeted and lost its key support on Aug 21st
Daily Market Newsletter - September 13, 2023
Market Analysis, Stock Movements, and Currency Updates
WCG Markets:2023-09-13
WCG Markets:2023-09-13
Technical Analysis & Forecast September 12, 2023
EUR/USD has corrected to 1.0767. Today, the market continues to decline to 1.0723. A break below this level could push the price down to 1.0697, followed by a potential rise to 1.0723 (a test from below).
FX analysis – USD bounces back, JPY, GBP and AUD all under pressure as risk sentiment sours.
Tuesday's FX session is turning out to be a mirror image of Monday’s session Where the USD was battered against its major peers. Today, seeing almost a full retrace of those moves as USD is once again king.
EUR/GBP rises as markets gear up for a hike on Thursday by the ECB
On Wednesday, the EUR/GBP closed above 0.8600, and the EUR gained ground over the GBP as investors are preparing an announcement of a 25 basis point (bps) hike by the European Central Bank (ECB) on Thursday.
09/12 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Week Ahead: US Inflation and ECB Meeting to spark volatility
The risk event calendar picks up this week with top tier US and UK data, the ECB meeting and a slew of Chinese figures to watch out for. The big recent theme across the summer has been the resilience in US economy data and the rise in both Treasury yields and the greenback.
Sidley Austin dealmaker joins Simpson Thacher amid energy infrastructure boom
U.S. law firm Simpson Thacher & Bartlett on Monday said it hired Katy Lukaszewski as a partner for its energy and infrastructure practice in Houston.
Alibaba Drops After Daniel Zhang, The Cloud Unit CEO, Quits Unexpectedly
On Monday in Hong Kong trade, shares of Alibaba Group dropped after the e-commerce behemoth said that Daniel Zhang, the outgoing chief executive, would also step down as its cloud unit’s head.
MHMarkets：The U.S. dollar was back below key levels, non-U.S. currencies were stronger than precious metals, and U.S. crude oil is steadily strengthening!
On Monday (September 11), gold price rose, setting its best trading day in nearly a week and a half. The dollar retreated ahead of this week's key inflation data, which could influence the Fed's interest rate decision later this month.
MHMarkets：September 12, 2023 - Fundamental Reminder
On Monday, the dollar index fell below the 105 mark, falling as low as 104.42 during the day, before closing down 0.51% at 104.51. Treasury yields remained ranged, with the two-year yield failing to rise above 5% to close at 4.993% and the 10-year yield at 4.292%.
Market Insights and Trading Recommendations for September 12, 2023
Navigating Global Markets: Stocks, Forex, and Commodities Analysis
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