【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
How many of you think that the ultimate secret of success in forex lies in finding the right trading strategy? What if we tell you that merely having a trading strategy isn’t enough, as you need to modify your trades in accordance with changing market conditions?
On Monday (December 26), affected by the Christmas holiday, the Hong Kong Stock Exchange and the exchanges of major western countries were closed for the holiday, and the trading of Brent crude oil futures contracts under ICE, precious metals under CME, US crude oil and foreign exchange contracts was suspended all day long. The Hong Kong Stock Exchange closed its northbound trading.
St. Denis J. Villere & Company LLC operates as a wealth management firm. The Company offers portfolio management and advisory services to individuals, institutions, trusts, private funds, charitable organizations, and investment companies. St Denis J Villere serves customers in the States of Louisiana and Wisconsin.
The USD/JPY rose to 132.73 after the beginning of the American session and following the release of US economic data. It then pulled back finding support above 132.15.
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. US Dow futures were down over 250 points in the pre-market but after an impressive come back the Dow eked out a 92 point gain (+0.28%).
As part of their service and efforts to ensure each and individual trader is enjoying and benefiting from their trades, puprime is Please to advise the general about the upcoming Changes to the trading Hours on the following instruments’, and both trading hours and market session times will be affected by the upcoming New Year holidays.
Pound is the name for a unit of currency. It is used in some countries today and previously was used in many others. Forex traders have been long focused on the divergence in monetary policy. Due to the gap between interest rates of central banks, the US dollar was rising in 2022. There will be new trends in 2023. Let us discuss the Forex outlook and make up trading plans for the EURGBP and GBPJPY.
In the era modern, forex trading is presented online, so it should be supported by a platform traders want to run, must know the best forex trading platform.
Canada’s inflation rate decelerated in November but key gauges of underlying price pressures trended higher, potentially dashing hopes for a pause in interest-rate increases.
It is a widely held belief that a nation’s financial sector is the heart and soul of its economic health. Hence, it is no wonder that so much attention is paid to the advent of new financial technologies, aka FinTech. Currently, FinTech trends dominate almost all aspects of banking, trading, and global finance. With the introduction of real-time payments, open banking, and blockchain technology, financial management has changed significantly, and many new advances are more likely to follow.
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Indonesia is a developing country that has a lot of chances to build a business, one of the businesses is Indonesia forex trading.
On Friday, December 23, Beijing time, during the Asian and European session, spot gold shocks slightly up and is currently trading near $ 1795.52 per ounce. After the overnight gold price plunge, the market has some oversold rebound adjustment demand. But the market wait-and-see mood is thicker, on the one hand, to wait for the U.S. November PCE data and durable goods orders data out in the evening, on the other hand, is the upcoming Christmas holiday.
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
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.
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.
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.
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.