Forex Trading For Beginners: How To Predict Forex Price Movement?
The Forex market depends on many factors that vary considerably in different countries. This complexity makes attempting to predict forex price movements a challenging endeavor. But hey, don't worry! We've got some cool tools and indicators up our sleeves!
Mai hui MHmarkets: July 20, 2023-MHM European Perspective
On Thursday (July 20), spot gold shocked higher during the Asian session, once hit a nearly two-month high to $1987.34 per ounce.
Mai hui MHmarkets: July 20, 2023 - Fundamental Reminder
The UK's June year-on-year CPI growth rate, released on Wednesday, fell to a more than one-year low, and inflation in Canada and New Zealand also cooled, which boosted market sentiment.
07/20 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-07-20
WCG Markets:2023-07-20
07/19 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Mai hui MHmarkets: July 19, 2023-MHM European Perspective
On Wednesday (July 19), spot gold shocked slightly lower during the Asian and European sessions and is currently trading in the vicinity of $1975.66 per ounce.
Mai hui MHmarkets: July 19, 2023 - Fundamental Reminder
June retail sales data released on Tuesday fell short of expectations, but core sales remained firm. After the release of the data, the U.S. dollar index dived to a 15-month low, and then rebounded as the market fully digested expectations of a 25 basis point rate hike in July, once back to the 100 mark, but failed to hold on to close up 0.05% at 99.96.
07/18 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Mai hui MHmarkets: July 18, 2023-MHM European Perspective
On Tuesday (July 18), spot gold rose slightly during the Asian session and is currently trading near $1959.12 per ounce.
Mai hui MHmarkets: July 18, 2023 - Fundamental Reminder
The New York Fed's manufacturing index, released on Monday, fell to 1.1%, indicating that growth in its manufacturing sector has almost stalled. The dollar index closed down 0.04% at 99.91 as markets await U.S. retail sales data for June to be released tonight.
USD/CAD Price Analysis: Retreats below 1.3200 on mixed technical indicators
The USD/CAD has fallen beneath the 1.3200 level, largely driven by the bolstering effect of substantial yields on Canadian bonds, most notably the 3.385% yield observed on the 10-year note, which represents an increase of 0.53%.
Crude Oil extends reversal from multi-day high on China demand woes, fears of higher Libyan output
On Monday, market activity is likely to be limited due to the conjunction of Japan's holiday and the pre-Federal Reserve blackout period. This could enable the US dollar to maintain its recovery from the recent multi-day low, a rebound fueled in part by positive US economic data.
A Week in the Market: Prices and Demand (17-21 July)
China will present a lot of statistics. It is already known that the GDP for the second quarter has surpassed the value for the first quarter and reached 6.4% against 4.5%. However, the indicator fell short of analysts' forecasts. For risky assets, this is a moderate signal.
Mai hui MHmarkets: July 17, 2023-MHM European Perspective
On Monday (July 17), spot gold fluctuated in a narrow range during the Asian session and is currently trading near $1955.20 per ounce. Last Friday's data showed that U.S. consumer confidence jumped to the highest level in nearly two years, the dollar index rebounded from this year's 15-month low near, so that gold prices continue to be pressured by the 55-day average and 1960 mark and other multiple resistance, short-term gold prices face further retracement risk
USD/JPY Takes Big Hit, EUR/USD and GBP/USD Extend Rally
The US Dollar started a major decline from the 145.00 zone against the Japanese Yen. USD/JPY traded below a key bullish trend line with support near 144.20
Is Gold heading to $2,000?
Gold is experiencing a slight decline after a vigorous rise yesterday and is consolidating near $1,955.
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07/17 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Mai hui MHmarkets: July 17, 2023 - Fundamental Reminder
Last Friday, the University of Michigan released the preliminary value of July U.S. consumer confidence climbed more than expected, which was a record high since September 2021, but also the largest year-on-year increase since 2006.