Mohicans markets：MHM Today News
On Thursday (December 29), the US economic data failed to strengthen the Fed's tightening expectations, and the dollar index fell below the 104 mark again, closing 0.47% lower at 103.97. After the US initial jobless claims data was released, the yield of 10-year US Treasuries increased its decline, falling from 3.89% to 3.82% within the day; The yield of two-year US bonds rose slightly, rising to 4.39% as high as possible. As of the closing of US stocks, the trading volume was around 4.37%.
WCG Markets:2022-12-30
WCG Markets:2022-12-30
Why Should You Consider Foreign Currency as an Investment
The performance of almost every asset class has been miserable in 2022, except for the United States dollar. Unlike the lackluster returns of stocks, bonds, real estate, and crypto, the USD has fared much better – and the only beneficiaries are international traders – boosting its value. With all the uncertainties investors face today, many new investors and traders have begun to invest in currencies like USD, as it provides both long-term and short-term returns on investment.
Looking For The Best Time To Buy Stocks? History Says December Is It!
Seeking the perfect time to enter stock trading? History says December is the perfect month because of Santa! Learn more
Natural Gas Price Fundamental Daily Forecast – Pressured by Bearish Updated Weather Reports
Natural gas futures are inching higher early Thursday after closing lower for the fourth straight session in more than a month due to expectations that warmer weather over the next two weeks would reduce demand for heating.
Mohicans markets：12.29-MHM European Viewpoint
On Thursday (December 29), in the Asian session, spot gold rose slightly, trading at 1809.21 dollars/ounce. The dollar index weakened slightly, providing support for gold prices. Moreover, the fall of gold prices on Wednesday once again held the key support of the 21 day moving average, and there were some bargain hunting in the gold market. Since this week, the news about the Asian epidemic has had a great impact on the market sentiment, and the market worries have fluctuated.
EUR/USD on the rise, while USD/JPY shows signs of weakness after BoJ action
EUR/USD expected to push higher, while USD/JPY reaction to BoJ action signals the potential for another turn lower.
AUD/USD hovers around 0.6750s as Wall Street edges lower
AUD/USD bulls take a breather around 0.6750 amid doubts on China Covid conditions. The Australian Dollar (AUD) appears to have bottomed around the 0.6680 area since December 19 and advanced toward the 0.6800 region amid an upbeat sentiment. Nevertheless, the choppiness of the last trading week of 2022 keeps traders at bay from opening fresh longs ahead of the month, quarter, and year-end flow, which usually benefits the US Dollar (USD). At the time of writing, the AUD/USD is trading at 0.6785.
Recognize Forex Capital Gains and Their Types
A person who joins this forex trading must know about the forex capital gains before trading, it's to make them effective when they use their money.
12/29 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2022-12-29
WCG Markets:2022-12-29
Mohicans markets：MHM Today News
For a time, the US bond yield gave back the rise in the US stock market and turned down. In the afternoon, the US stock market's long-term bond yield turned up again, while the short-term bond yield kept falling. The yield of the 10-year US bond pushed down 3.80% and then rose above 3.89%. The yield of the two-year US bond fell to a minimum of 4.33%, and the closing price was around 4.35%.
Forex Trading: Key Market Movers You Should Be Aware Of!
With forex trading becoming increasingly a global activity, macroeconomic events worldwide often have a greater impact on market activity. The global forex market is largely affected by inflation, economic reports, and political stability, which are the significant market movers. In constant flux, currency values regularly fluctuate in value, opening up opportunities for traders to profit from volatility.
GBP vs GDP: UK Q3 growth revised lower - how long can sterling rally last?
The gap between financial markets’ expectations for future inflation and interest rates and the OBR vary a lot. What does the pound make of the UK outlook?
Consumer confidence can take a turn
During an economic expansion, consumer confidence is usually high. Consumers accordingly tend to spend more than they do at other times, especially for bigger-ticket items and durable goods (e.g., automobiles and household appliances). The increase in consumer spending in turn helps the economy sustain its expansion.
Knowing Criteria the Best Forex Trading Broker Deeply
Traders should have a trusted broker and also traders should know how to choose the best forex trading broker as their business partner in forex trading.
Mohicans markets：12.28-MHM European Perspective
At the beginning of the Asian market on Wednesday (December 28), the US dollar index fluctuated in a narrow range and is currently trading near 104.21. The US dollar was flat on Tuesday after China said that it would cancel the COVID-19 centralized isolation requirement for inbound passengers, which is an important step for China to reopen its borders, although the number of COVID-19 cases is soaring.
12/28 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Mohicans markets：MHM Today News
On Tuesday (December 27), the optimism of the easing of epidemic restrictions put pressure on the US dollar. The US dollar index fell to a daily low of 103.89 in the European market, rose above the 104 level before the US market, and finally fell 0.16% to 104.16. Non US currencies rose broadly.
5 Major Economic Events That Happened for the First Time in 2022
Historically, 2022 was a year marked by a turning point in global politics and finance, indicating the end of one era and the beginning of another. As the key events of 2022 unfold, from the Russian invasion of Ukraine to the collapse of the crypto industry, there has always been a series of unexpected twists and turns. Here we highlight the five major economic events that happened for the first time in 2022 whose repercussions are likely to be apparent for years to come.