Mohicans markets：MHM Today’s News
On Thursday, December 22, U.S. economic data made the Fed tightening worries swept the market again, the dollar index turned up, regaining 104, up to 104.62, and finally closed up 0.15% at 104.38. Meanwhile, U.S. bond yields jumped intraday, the 2-year U.S. bond yield sensitive to the interest rate outlook was once 8 basis points higher than the intra-day low, the highest breakthrough 4.28%. Ten-year U.S. bond yields broke through 3.69%.
WCG Markets:2022-12-23
WCG Markets:2022-12-23
Let's Know Forex Currency Correlation to Get High Profit
As the most liquid business in the world, forex has some currency that correlates with other commodities, so traders should know about forex currency correlation. So, traders know how much the value of a currency is.
Mohicans markets：December 22 - MHM European Perspective
On Thursday, December 22, Beijing time, during the Asian and European trading sessions, spot gold narrowly oscillated and is currently trading near $ 1814 per ounce. Market participants are waiting for further guidance from economic data. This trading day will release the change in U.S. initial jobless claims and U.S. final value of GDP in the third quarter. U.S. PCE data for November will be released on Friday.
Leverage and Spread Calculator to Make the Right Decisions
Generally, we know calculators and how to use them but the calculator in this business is different. The forex business has some calculators and functions.
Mohicans markets：MHM Today’s News
On Wednesday, December 22, the dollar index stopped its two-game losing streak and regained the 104 barrier, closing up 0.25% at 104.23. The dollar regained the 132 barrier against the yen, the pound lost 1.21 against the dollar, and the euro fell slightly against the dollar but remained steady above 1.06.
12/22 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2022-12-22
WCG Markets:2022-12-22
China’s Xi calls for oil trade in yuan at Gulf summit in Riyadh
Chinese President Xi Jinping on Friday called on leaders from the top oil producing nations to conduct oil sales by using the Chinese yuan as he looks to bolster his country’s currency.
CBDCs Failing in Nigeria
Almost two years after Nigeria became the first country to roll out a central bank digital currency (CBDC), new data shows the adoption rate among residents is dismally low. Irrespective of an estimated 35% of the adult Nigerian population owning Bitcoin or cryptocurrencies, the adoption of the local CBDC has been a massive failure with Bloomberg reporting only 1 in 200 Nigerians using the “eNaira” (0.5% of the population).
Authorities in South Korea Approved to Freeze More Assets Associated With Terra tokens
A South Korean court has approved local prosecutors’ request to freeze assets of more than 120 billion Korean won (US$93.3 million) belonging to seven former associates of Terraform Labs Pte. Ltd., according to local media reports, and are still investigating Terra’s collapse.
Recognized Forex Trading in London Because This Reason
Forex trading is profitable if traders know the transaction at the right time base on the time in the UK, so traders must know recognized forex trading in London.
Mohicans markets：December 21 - MHM European Perspective
On Wednesday, December 21, Beijing time, during the Asian and European session, spot gold shock slightly down, and is currently trading near $ 1813.30 per ounce. On the one hand, the dollar fell on Tuesday, gold prices rose sharply, gold prices have some technical adjustment needs in the short term, and gold prices face nearly six months of resistance near the high pressure.
Mohicans markets：MHM Today’s News
The Bank of Japan announced on Tuesday (December 20)that it had doubled the upper limit of the 10-year government bond yield, a sudden policy adjustment that shocked the market, with the dollar plunging nearly 5% against the yen during the day, once falling below 131. the dollar index was dragged lower throughout the day, falling below the 104 mark at the beginning of the U.S. session, closing down 0.69% at 103.95.
Reputable Forex Broker is Determined by This Things
Nowadays, there are a lot of brokers in Indonesia because the forex business is growing up, fastly in this country. So, traders are confused to choose it.
AUDUSD Correlation | A Top Currency Pair to Trade via CFD
Correlations between the world's most heavily traded commodities and currency pairs are common. For example, the Canadian dollar (CAD) is correlated to oil prices due to exporting, while Japan is susceptible to oil prices because it imports most of its oil. Similarly, Australia (AUD) and New Zealand (NZD) have a close relationship to gold prices and oil prices. The Australian dollar/U.S. dollar (AUDUSD) currency pairing is one of the most volatile currency pairs in the financial markets.
Week Ahead Preview 19th of December
As More central bank meetings are expected in the coming week across Japan and Indonesia following a busy week in which the Fed and ECB signalled further rate hikes in the coming months.
Yen gains sharply as Bank of Japan delivers pre-holiday shock
The yen jumped to a four-month high against the U.S. dollar, on pace for its biggest one-day rise in 24 years, on Tuesday after the Bank of Japan stunned markets with a surprise tweak to its bond yield control program
WCG Markets:2022-12-21
WCG Markets:2022-12-21
Forex Correlation Map to Create Strategy Correctly
Traders should create a strategy to get high profit successfully, thus traders should know the forex correlation map to support creating profitable strategies.