Wall Street gains as investors digest Powell comments
U.S. Federal Reserve Chair Jerome Powell addresses reporters after the Fed raised its target interest rate by a quarter of a percentage point, during a news conference at the Federal Reserve Building in Washington, U.S., February 1.
STILL BELIEVE IN FOREX TRADING IS GAMBLING? READ THIS
For some people, trading financial instruments is a great way to make money, while others believe that trading currency pairs is gambling.
Market Spotlight: BP Outlines Strategy Shift Following Record profits
Another big oil company, another set of record earnings. This time it's the London- listed BP, as the oil giant has seen its shares rise three and three quarter percent out of the gate this morning as a result of the news that's come through where the company has said that profits have doubled to a record $27.7 billion lifted by a surge in energy prices seen since the Russian invasion of Ukraine in the fourth quarter.
JPY is retreating. Overview for 07.02.2023
The Japanese Yen slipped lower today despite December CPI data hitting forecasts of 4% year-on-year for both the headline and core measures. The current quote is 132.13.
Japanese Candlesticks Analysis 07.02.2023 (XAUUSD, NZDUSD и GBPUSD)
Japanese Candlesticks are a technical analysis tool that traders use to chart and analyze the price movement of securities. To read Japanese candlestick patterns, you'll need to familiarise yourself with three elements on each candle: its colour, its body and its wick. Let's take a look at the Japanese Candlesticks Analysis;
Knowing Oversold in Forex Carefully Before Trading
Fewer traders know the strategy to run it, whereas it is important to get success so traders must know the oversold in forex. It is because traders can dominate a forex market.
Mohicans markets：MHM European Market
On Thursday, February 9, international gold prices moved higher for the fourth consecutive session as the U.S. dollar index softened again; however, the outlook for gold prices remained cloudy as several Fed officials indicated the need for further rate hikes to curb inflation, although there was no hint that the Fed would return to a more aggressive monetary policy stance.
Mohicans markets：MHM Today News
Although a number of Fed officials, including the "new king of the hawks" Kashkari, have made tougher speeches, they were not as fierce as Powell's speech before, and the trend of the dollar index was relatively mild. By the end of the day, the dollar index was only up 0.18% at 103.5. U.S. bond yields turned up at the beginning of the U.S. session, but thanks to strong 10-year U.S. bond bids, U.S. bond yields turned down.
Exhibition Preview | MHMarkets Will Appear in Xinjiang Offline Course Lectures to the Market and Interpret the Trading
On February 11, 2023, the largest trading technology summit in China will be officially held at the Urumqi, Xinjiang. At that time, MHMarkets, the world’s leading Forex and CFD broker, will make a surprise appearance at this Trading Technology Summit.
02/08 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Recognize Bullish in Forex to Get Profit from Trading
Traders must know that pattern from indicators is showing a profitable condition, so they must know about bullish in forex. It is important to know to make the right decision.
Mohicans markets：MHM Today News
Tuesday night's speech by Powell sent shockwaves through the markets. After he mentioned that the inflation retreat process had begun, the dollar index continued to fall, once dipping to 103; he then said that the inflation retreat process was only at the beginning, after which the dollar index recovered some of its lost ground and closed 0.2% lower at 103.39. U.S. bond yields turned lower after Powell's speech and recovered all their losses in late trading.
02/08 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-02-08
WCG Markets:2023-02-08
Forex Scalping Strategy: Ultimate Guide to Scalping the Forex Market
Looking to make a quick buck in the volatile world of forex trading? Then you might want to consider the wild and wacky world of Forex scalping. The Forex Scalping Strategy works very much like a suspenseful and high-caliber thriller movie that keeps you guessing at the edge of your seat. So, buckle up and grab your popcorn as scalping Forex can feel a bit like riding a rollercoaster, full of twists and turns. But don't worry, we'll help you navigate this strategy with a smile on your face!
Best Stocks to Buy in 2023
While this has the potential to combat inflation, it also has negative consequences for both economic activity and investment returns. Investors who are in the market for looking for the best stocks to buy in 2023 can expect some challenges. Unfortunately, until there is a significant policy change to boost the economy, turbulence is likely to continue into 2023.
Mohicans markets：MHM European Market
On Tuesday, February 27, during the Asian session, spot gold shocked slightly up and is currently trading near $ 1874.11 per ounce; A slight pullback after the dollar's rally was blocked gives gold a chance to rebound; however, gold prices are limited, because the Fed chairman will speak in the evening, the market wait-and-see sentiment is thick.
Forex Calendar Trading Gives You Profit With This Trick
Traders get high profits if they know the best time to trade, so they must know about forex calendar trading besides the time.
02/07 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-02-07
WCG Markets:2023-02-07