Safe Haven Assets To Invest In During Recessions
To offset risks in your financial portfolios during times of a declining economy like the present, intelligent investors often turn to ‘safe haven’ assets as a hedge. It is safe to say that safe haven assets perform well in financial crises, while others are on the decline.
Most Important Economic Indicators in Forex Market
The economic indicators in Forex market are varied. Experts and analysts always talk about the direction of the economy based on readings of these essential aspects, and that is indeed their job.
HFM Introduces New Virtual Analyst
The award-winning broker brings markets closer to its clients with the use of artificial intelligence (AI)
03/14 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Mohicans markets：MHM European Market
On Tuesday (March 14), the spot gold weakened slightly in the Asian session, currently trading price is around 1903.80 US dollars/ounce. The yield of US dollars and US bonds has fallen sharply in the past few trading days, helping the gold price to rise sharply. On Tuesday, the US CPI data for February will be ushered in. The market is in a strong wait-and-see mood. Some investors take profits, the US dollar index has rebounded gently, and the gold price will start to recover.
Mohicans markets：MHM Today News
Affected by the collapse of many banks, including the Bank of Silicon Valley, the market's expectation of the Federal Reserve's interest rate increase suddenly cooled. The dollar index fell below 104, down nearly 1%, to 103.49, down 0.59%, to 103.63. Non-U.S. currencies rose generally, with the offshore RMB rising by 1064 points, reaching 6.83, the highest level in three and a half weeks since February 15.
How to Capitalize on Currency Volatility and Uncertainty in 2023?
The forex market is typically known for its instability, but in 2022, currency volatility was particularly high, surpassing the usual levels. This increased volatility, which more than doubled throughout the year, significantly impacted investment portfolios. The Covid-19 pandemic, along with the war in Europe, probably impacted the world economy severely. With these factors in mind, it is crucial to explore strategies for taking advantage of currency volatility and uncertainty in 2023.
Forex Channel Trading Strategy: Ultimate Guide
The Forex Channel Trading strategy is a simple yet effective approach that can help even the most novice traders navigate the complex world of Forex trading. By using price channels to identify potential entry and exit points, this strategy can help you make informed decisions about when to buy and sell currencies. And the best part? You don't need years of experience or a degree in finance to understand it!
HFT in Forex Trading, Advantages, Risks, & Best Strategies
HFT in forex trading has been studied by many people, considering that trading itself is a common activity.
GEMFOREX - weekly analysis
The week ahead: 5 things to watch.
03/13 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Mohicans markets：MHM European Market
On Monday (March 13), the international gold price jumped nearly 1.5% to a new high of 1894.11 US dollars/ounce since February 3, as the largest collapse of the US banking industry since the 2008 financial crisis drove investors to turn to safe-haven assets. However, with the gradual stabilization of market sentiment, the risk aversion of gold price has faded and may fall back to $1862 in the short term.
Mohicans markets：MHM Today News
Last Friday evening, after the release of the weak non-agricultural report, the market's expectation of the Federal Reserve's interest rate increase of 50 basis points in March cooled down, and the dollar index continued to plunge, once narrowly missed the 104 mark, closing down 0.59% at 104.63.
Powell gives a stronger rate hike speech
On Wednesday, some importer will data were expected from the United States such as the Jolts job report, Powell's speech again and the ADP Non farm which was later released.
GBP/USD Price Analysis: Manages breath above 1.1900, downside seems favored
The GBP/USD pair has comfortably shifted its business above 1.1950 in the Asian session.
Friday’s NFP jobs are in key focus this week
Weighing the data and our internal models, the leading indicators point to a slightly above expectation reading in this month’s NFP report
Announcement on STARTRADER Server Upgrade and Trading Suspension
In order to provide you with better online trading services, STARTARDER will be upgrading the MT4 server STARTRADERINTL-Live2 and the MT5 Server STARTRADERINTL-Live from 07:30 to 12:30 on March 11, 2023, platform time (GMT+2). Trading is suspended during this period, please arrange transactions in advance to avoid unnecessary losses.
Week Ahead starting 13/3/23: ECB; UK data; Volkswagen; Deliveroo; Adobe results
Brace for an expected interest rate hike from the European Central Bank and plenty of UK data ahead of the budget. Results of note include those from Volkswagen (VOWG_p), Porsche (PSHG_p), Deliveroo (ROO) and Adobe (ADBE).
Measured Move Suggests Upside Potential for Gold
Owning gold has required patience these last two years. After surging following the onset of COVID and peaking above $2,000 per ounce back in August 2020, gold has churned in the time since and is currently trading -15% below its all-time highs. As a result of finding support at a critical price zone, the gold trend has turned positive.
How to read forex trading charts
A forex chart shows you the exchange rate between two currencies and how it has changed over time. If you’re just getting into forex trading, learning to use these charts will help you understand the markets. Charts are the main tools for technical analysis. Charts are using to plot a sequence of prices and price movements of an asset on certain of duration.