WCG Markets:2024年03月18日黄金市况分析
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
In the foreign exchange market, the U.S. dollar demonstrated resilience, appreciating against a basket of major currencies, with the dollar index advancing to 103.34. This rise was reflected in various currency pair movements: EUR/USD declined by 62 pips to 1.0884, USD/JPY saw an uptick of 51 pips to 148.25, and GBP/USD decreased by 45 pips to 1.2751, despite the U.K.'s house price index showing some improvement.
In order to offer more flexible and competitive trading conditions to meet the needs of a wide range of traders, CWG Markets will adjust the minimum activation amount for institutional accounts from the original $50,000 to $30,000, effective from March 18, 2024 (Monday). This adjustment aims to allow more institutional users to enjoy a high-quality trading environment and conditions.
US PPI data exceeded expectations, with the US dollar rebounding significantly Gold under pressure and falling consolidation
We are pleased to announce that STARTRADER will launch new products on March 18th, 2024 to provide clients with a broader portfolio of products.
A Recap of Thursday's Market Trends and Notable Performances
On Thursday, due to the U.S. February PPI growth rate significantly exceeding economists' consensus, recording the largest increase since August last year, the U.S. dollar index sharply rose, returning to above the 103 mark, eventually closing up 0.542% at 103.37. U.S. Treasury yields started low but moved higher, with the benchmark 10-year Treasury yield closing at 4.2922%, and the 2-year Treasury yield, most sensitive to Federal Reserve policy rates, closing at 4.6935%.
BC Financial Group extends its corporate social responsibility efforts to Khao Kam Phaeng School, donating essential educational supplies to 357 students.
WCG Markets:2024-03-15
In the forex market, the U.S. dollar showed a lack of momentum, slipping to 102.82 on the dollar index, while the Euro and the British pound made modest gains against it, buoyed by mixed economic reports from their respective regions.
Market digestion of US CPI data, US dollar fell yesterday Gold price rose up and waiting for the data release
Key Insights and Intraday Trading Strategies for Global Markets
The Dollar Index retreated from resistance levels, as market participants applied profit-taking strategies ahead of crucial events. With attention shifting towards the pivotal Producer Price Index (PPI) and retail sales figures, investors seek insights into the economy's trajectory and potential interest rate adjustments by the Federal Reserve.
Please note that the following changes will be effective from March 10, 2024.
On Wednesday, the US Dollar Index surged before falling, dropping below the 103 mark, closing down 0.119% at 102.81. US Treasury yields rebounded, with the benchmark 10-year Treasury yield closing at 4.1879% and the 2-year Treasury yield, most sensitive to Fed policy rates, closing at 4.6324%.
WCG Markets:2024-03-14
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
In the recent forex market movements, the U.S. dollar saw a slight increase against major currencies, bringing the dollar index to 102.93. Noteworthy was the EUR/USD pair, which slightly decreased by 4 pips to 1.0922, while the USD/JPY pair experienced a rise of 73 pips to 147.67.
Explore global tax reforms and the impact of tax evasion with leading experts in a webinar collaboration between EBC and Oxford's Department of Economics.