Mohicans markets：MHM Today News
On Tuesday, January 17, the dollar index still hovered at a seven-month low, closing down 0.17% at 102.38. The European Central Bank is considering slowing interest rate hikes to 25 basis points in March, causing the euro to lose 1.08 against the dollar; the pound rose more than 0.9% against the dollar, rising to a daily high of 1.23; the dollar continued to fall against the yen before the Bank of Japan's resolution, with the 128 mark in jeopardy.
Secrets on Fibonacci Trading that You Should Know
Fibonacci is created by a mathematics expert. It is one of the mathematics theories. So, Fibonacci is the name of Leonardo Picasso Boogaloo. He was found of this theory.
Three markets to watch this week (2023)
As Earnings report on Wall Street began this week and investors will get more reports from US financial companies after the weekend, as well as some tech reports.
Markets await BoJ meeting and more shocks
The Bank of Japan's monetary policy meeting (MPM) is a regular session held by the bank's Policy Board, in which the official interest rates and other monetary policies for the country are chosen in response to the latest economic developments.
01/18 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
WCG Markets:2023-01-18
WCG Markets:2023-01-18
GBP/USD Drifting: The British Pound Is Drifting
The British pound has drifted lower over the last several sessions, that looks set to continue although liquidity will be an issue. It keeps drifting for a third day straight. In the European session, GBP/USD is trading at 1.2161, down 0.09%. We could see stronger volatility from the pound before the weekend, with the release of the US inflation report and UK GDP on Friday, both of which are market movers.
Knowing the Best Time to Trade that Will be Profitable
For traders or business users, time is money. Thus they will not waste the time because the best time is a chance. the time to trade is a chance to get profit.
Mohicans markets：MHM European Market
Spot gold oscillated slightly lower during the Asian session on Tuesday, January 17, and is currently trading near $1,910 per ounce. The U.S. dollar has rebounded steadily from near seven-and-a-half-month lows, putting pressure on gold prices to pull back; as the previous session's K-line recorded a Doji, you need to beware of short-term topping risks if this session records a medium or long negative line.
Avoid Forex Trading Loss With This Way
Someone who joins this business does not know enough about price and profit. It is because that will happen the next time.
Mohicans markets：MHM Today News
On Monday, January 16, U.S. stocks and bonds were closed for a day for Martin Luther King Day. Trading in CME's precious metals and U.S. crude oil futures contracts ended early at 03:30 on the 17th.
01/17 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Top Technical Indicators Used in Forex Trading
Technical indicators are an essential tool in forex trading, as they help traders understand the market forces and anticipate price movements in order to decide whether to buy or sell. These indicators play a vital role in forex technical analysis.
How to Calculate Forex Trading Costs: Spread, Commission and Swap
What are the costs of trading forex? Is there a fee involved? Well! The answer is both Yes and No. You can open a Forex account for free. However, opening a new trade and the initial deposit requirements may differ from broker to broker. Getting started in Forex trading necessitates familiarizing yourself with Forex trading costs. Read on the following to know the potential Forex trading costs and learn how to trade most cost-effectively.
Leverage and Spread Calculator to Make the Right Decisions
The forex business is profitable and full of risk so traders must have the right counting to make decisions, so they must know about leverage and spread calculator.
GEMFOREX - weekly analysis
The week ahead – It’s going to be busy
Recognize Forex Capital Gains and Their Types
Every business needs capital. It is because capital is a basic foundation that a business can be run. As well as the forex business. Part of this business is forex trading.
Mohicans markets：MHM European Market
Spot gold surged lower during the Asian session on Monday, January 16, hitting a new high since April 25 to $1,928.88 per ounce earlier. Mainly because inflation expectations continue to cool, the market expects the Fed to slow down interest rate hikes, and the dollar support extended the decline to a new low since June 3.
Mohicans markets：MHM Today News
Last week's CPI and other data released reinforced expectations of a further slowdown in rate hikes to 25 basis points at the Fed's next meeting, with the University of Michigan's consumer inflation expectations released last Friday (Jan. 13) retreating further. The U.S. dollar index, on the other hand, sank further to a low since June 2022, rebounding after falling below the 102 mark to close down a slight 0.06%, barely closing above 102 at 102.18.
WCG Markets:2023-01-16
WCG Markets:2023-01-16