Gold marches toward $2,100 amid downbeat US Dollar, cautious optimism
Global markets remain dicey during the year-end holiday season, especially amid a light calendar and off in the UK, Europe, Canada and Switzerland.
Gold Gains on Risk Aversion and Slight Decline in US Dollar Before American Economic Reports
On Thursday, gold prices saw a notable recovery, clawing back much of the losses experienced earlier in the week and stirring interest among investors. Despite this rebound, gold has remained within a well-trodden range as the market’s attention is fixed on potential new drivers that could shape the next significant price movement. Investors are particularly focused on the upcoming release of the US Core Personal Consumption Expenditure (PCE) Price Index. This key inflation indicator, due on Friday, could provide insights into the Federal Reserve’s next moves and is expected to be a critical determinant of gold’s short-term price direction.
EUR in Demand: Overview for December 26, 2023
The EUR/USD pair continues its upward trajectory.
Bitcoin Futures Slide while ETH Redeems Dominance
Bitcoin futures dominance recently declined. It slid to 38% compared to 50% of BTC shares in crypto futures 2 months ago.
The market continues to chase risks The US dollar continued its downward trend yesterday
The market continues to chase risks The US dollar continued its downward trend yesterday
Market Highlights: Post-Holiday Gains, Tech Surges, and Forex Moves
Insights into U.S. Stock Movement, Tech Sector Winners, and Forex Trends
Asia FX rises, dollar at 5-mth low as soft inflation fuels rate cut bets
Most Asian currencies moved in a tight range on Tuesday, while the dollar hovered near five-month lows as soft U.S. inflation data spurred increasing bets on interest rate cuts from the Federal Reserve in 2024.
A week after Uniswap Trading Volume Exceeds Combined Volumes of the NYSE and Nasdaq, UNI Gains 22%
Uniswap, a prominent decentralized finance (DeFi) platform, has expanded its functionality and interoperability with Bitcoin and other blockchains while achieving unprecedented trading volume and TVL.
A deeper analysis of price levels, and the concept of market impact
The first three articles in this series laid a solid foundation of knowledge to answer the question: why does pricing differ across various brokers?
WCG Markets:2023-12-27
WCG Markets:2023-12-27
Inflation cooling continues to pressure the US dollar downward Gold remains strong but no longer with the upward momentum
Inflation cooling continues to pressure the US dollar downward Gold remains strong but no longer with the upward momentum
12/26 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
MHMarkets：December 25, 2023,--Fundamental Reminder
Last Friday, the US dollar index eased in the European session and fell to an intraday low of 101.42, but regained some of the lost ground in the US session and finally closed down 0.08% at 101.70.
12/25 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Weekly News 2023/12/18-2023/12/22
Index / Stocks / Crypto / Metals / Commodity & Futures / Forex
12/22 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
The final value of US GDP in the third quarter dragged down the US dollar The US dollar fell to a new low in nearly five months
The final value of US GDP in the third quarter dragged down the US dollar The US dollar fell to a new low in nearly five months
Core PCE Price Index Mom: Trends and Potential Trading Implications
Core PCE Price Index Mom: Trends and Potential Trading Implications
MHMarkets：US GDP growth for the third quarter came in at 4.9%, which was lower than market expectations.
At the end of the Asian market on Friday (December 22), the final data released by the US Department of Commerce yesterday evening showed that the US GDP growth in the third quarter was 4.9%, while market expectations and previous revisions were both 5.2%.
MHMarkets：December 22, 2023,--Fundamental Reminder
On Thursday, the U.S. dollar index fell sharply before the U.S. market, losing the 102 mark and once fell to a new one-week low of 101.73, and finally closed down 0.59% at 101.79. U.S. bond yields fell and then rose, and the 10-year U.S.