EURUSD analysis for 16.03.2023
EUR/USD is the forex ticker that tells traders how many US Dollars are needed to buy a Euro. The Euro-Dollar pair is popular with traders because its constituents represent the two largest and most influential economies in the world.
Mohicans markets：MHM Today News
Last night, despite the bank crisis, the European Central Bank continued to raise interest rates by 50 basis points as scheduled, sparking speculation about the Fed's movements next week. The dollar index once soared to 104.76, closing 0.19% lower at 104.47. US bond yields rose, with 10-year US bond yields hitting a new six-week low in the session to around 3.37%, rebounding nearly 10 basis points, rising from 3.45% to 3.58% within the day; The yield on two-year US Treasuries, which are more sen
03/17 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-03-17
WCG Markets:2023-03-17
Want to be a Successful Forex Trader, Do These in 7 Day
Given the highly fluctuating and unpredictable market, especially for beginners, we will focus on handling that while also providing other important knowledge here. Here is a guide that can help you become a successful forex trader:
Mohicans markets：MHM European Market
On Thursday (March 16), during the Asian session, the spot gold fluctuated and was currently trading at around 1918.34 US dollars/ounce. Although the Swiss regulatory authority promised to provide liquidity assistance to Credit Suisse, the risk aversion sentiment lingered. Moreover, the market's expectation of a 50 basis point interest rate increase by the European Central Bank in the evening has dropped to 25 basis points, even maintaining the current interest rate unchanged; The market's expec
USD/JPY BEARS PRINT A 4-WEEK LOW
The USD/JPY pair has been failing to hold to its gains, and it's been trading beneath its opening price by around 0.33% after hitting a daily high of 128.88. Credit Suisse's 2022 annual report was published on Tuesday and it cited "material weaknesses" in its internal controls over financial reporting, noting that it had not yet stemmed customer outflows. This has provoked a flight to safety in financial markets, massaging the downside in USD/JPY.
Fundamental View
Fundamental analysis is a method of determining a stock's real or "fair market" value.
Mohicans markets：MHM Today News
Last night, US inflation unexpectedly showed signs of cooling down. The PPI data unexpectedly fell 0.1% month-on-month, and the year-on-year growth slowed from 5.7% to 4.6%. The "terrorist data" also dropped sharply. However, due to the market's fear that Credit Suisse would trigger the European banking crisis, the safe-haven market flooded into the US dollar, and the US dollar index once broke the 105 mark in the intraday, closing up 1.01% at 104.77.
Asian Stocks Digesting US Banking Woes, China Outperforms
Asian stocks crept higher on Monday as markets gauged the potential fallout from a banking crisis in the U.S., while Chinese indexes outperformed as the government promised more support for the economy.
03/16 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Afternoon Briefing 15 Mar 2023: Dow Jones Rises on Bank Stocks
The Dow opened the day with a decline of more than 500 points Wednesday as banking fears spread across global markets.
Gold vs Crypto Trading: Which One Is Worth Your Trade?
The Gold vs Crypto debate has been a hot topic among investors and traders ever since the concept of digital currency gained considerable transactions in the 2010s. While it is a good idea to diversify your trading portfolio, choosing between Gold vs Crypto can be challenging. However, regardless of which trading type you choose, it's important to ensure you're putting your eggs in the right basket.
USD-JPY climbed higher after BoJ stuck with its ultra-easy monetary policy
The Japanese Yen's strength from the last quarter of 2022 has found an interim bottom at the beginning of the new yea.
Investing in the Base Metal Market: What You Need to Know
Base metals are common metals that tarnish, oxidize, or corrode relatively quickly when exposed to air or moisture. They can be contrasted with precious metals and are widely used in commercial and industrial applications, such as construction and manufacturing.
Gold Price Rises Significantly although US NFP is Good
Supply, demand, interest rates, and investor behavior are key drivers of gold prices. Gold is often, but mistakenly, used to hedge inflation under the belief that gold will appreciate and offset inflationary pressures.
Mohicans markets：MHM European Market
On Wednesday (March 15), the spot gold fell slightly in the Asian session, and it is currently trading near the 1900 mark. The overnight data shows that the inflation in the United States is still at a high level, which increases the expectation of the Federal Reserve to raise interest rates by 25 basis points next week. The rebound in the yield of US Treasuries put pressure on the gold price. However, the fear caused by the collapse of Silicon Valley Bank has not completely dissipated, and the
Recognize Bullish in Forex to Get Profit from Trading
Loss and profit is pair that are always there in forex trading.
03/15 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Mohicans markets：MHM Today News
The CPI data in February released last night met expectations, but the core service inflation excluding housing hit a five-month high. The market renewed its bet that the Federal Reserve would raise interest rates by 25 basis points. The dollar index was boosted and once returned to the 104 level. However, the US stock market nearly wiped out all the gains in the end of the day, closing up 0.01% at 103.69.