MHMarkets：August 24, 2023 - Fundamental Reminder
On Wednesday, spot gold rose for a third straight session to a two-week high, hitting $1,920 an ounce before closing up 0.97% at $1,915.45, after data showed U.S. business activity came to a near halt and both the dollar and Treasury yields retreated from recent highs. Spot silver rallied strongly and ended up 3.98 % at $24.32 an ounce, its highest level since Aug. 2.
Market Wrap: U.S. Stocks Close Positively, Dollar Index Slips
S&P 500, Nasdaq 100, and Dow Jones Industrial Average record gains; Eurozone and UK PMIs show mixed results
Data shows that US economic activity is nearing stagnation, with the US dollar weakening on Wednesday Gold has risen for three consecutive days, approaching a two-week high
Data shows that US economic activity is nearing stagnation, with the US dollar weakening on Wednesday Gold has risen for three consecutive days, approaching a two-week high
5 Reasons to Consider Forex Trading During Recession
While no one knows how long a recession lasts, the financial consequences of making poor trading decisions during the recession can be devastating. Interestingly, there is one market that remains viable even when the stock and crypto markets plummet. Forex trading during recession offers excellent profit opportunities, as it offers income opportunities even during economic downturns. Let's explore!
AximTrade Decoded: Your AximTrade FAQ Handbook
If you're new to forex trading or looking for more information about AximTrade, you’ve come to the right place! This article aims to address the most frequently asked AximTrade FAQs. We will explore topics such as opening an account, available trading platforms, and the educational resources they provide. So, let’s jump right in and get started on this insightful journey!
HOW TO PROFIT WITH AUTOCHARTIST
The aim of this article is to enlighten the reader and show you how to find trading setups and key volatility areas to take advantage of emerging opportunities using Autochartist.
FLAT DOLLAR IN ITS FIRST OPERATIONS
Currently, the dollar peso starts flat and is trading at 870, trying to break the hard resistance to continue its upward trend in search of 880.
AUD/USD Awaits Test of 0.6460 Amid Easing US Dollar and Key Data Releases
In the ever-evolving landscape of global currencies, the AUD/USD pair has been making notable moves, maintaining its upward trajectory for the fourth consecutive day. The pair's gains, which have reached 0.30% during the European morning hours on Wednesday, have been supported by a weakened US Dollar and a sense of cautious optimism in the market.
WCG Markets:2023-08-24
WCG Markets:2023-08-24
08/23 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
CWG Empowers Local Financial Markets at Nigerian Financial Summit
CWG Markets hosted a distinguished financial summit in Nigeria. The summit served as a platform to unveil CWG's innovative products and strategic vision for the Nigerian market.
Innovation and Resilient Hub - A Visit to CWG Kuala Lumpur Office
As one of Asia's most important financial centers, Kuala Lumpur, Malaysia, is renowned for its financial status in the region, attracting numerous international financial institutions to establish their presence.
CWG Markets honored as the Best CFD Trading Platform across Hong Kong
DUBAI, UNITED ARAB EMIRATES, June 1, 2023/EINPresswire.com/ -- CWG Markets, a London-based global financial online trading provider has been awarded as ‘The Best CFD Trading Platform Hong Kong, 2023’by International Business Magazine.
Enjoy Convenient Payments! CWG Launches PayRetailers Payment Gateway, Empowering Users for Effortless Online Trading.
CWG Markets, a global leading online trading platform, has always been committed to providing users with comprehensive and high-quality investment options and professional trading services to meet their growing trading needs.
MHMarkets：The dollar rose slightly, the euro was significantly weak, and US crude oil continued to weaken!
Spot gold rose slightly in Asia on Wednesday (August 23), trading near $1,902.74 / oz ahead of the Jackson Hole annual meeting. The market is in a more bearish mood, with the dollar index and Treasury yields falling, with the dollar index moving away from a near 2-1/2-month high and the 10-year Treasury yield moving away from a near 16-year high hit on Tuesday, providing support for gold. Gold was also supported by some bargain hunting after it stabilized below 1,890.
MHMarkets：August 23, 2023 - Fundamental Reminder
Spot gold remained near a five-month low on Tuesday, briefly breaking through the 1,900 mark in Europe before giving up nearly all of its gains and recovering slightly in late trade to end up 0.18% at $1,897.41 a Troy ounce. Spot silver traded in a narrow range above the 23 mark before settling down 0.31 percent at $23.28 per ounce.
Lirunex Empowers Traders in China, Thailand, and Vietnam with Comprehensive Trading Services
As part of its mission to expand its reach across the APAC region as disposable income in the region grows, Lirunex aims to provide traders with a comprehensive and regulatory-compliant platform to access global financial markets.
The US dollar rose on Tuesday, approaching the two month high position that hit last week Gold prices hovered around a five month low as the strengthening US dollar and rising bond yields weakened its attractiveness
The US dollar rose on Tuesday, approaching the two month high position that hit last week Gold prices hovered around a five month low as the strengthening US dollar and rising bond yields weakened its attractiveness
WCG Markets:2023-08-23
WCG Markets:2023-08-23
MHMarkets：Dollar is weak and the silver rose, the United States crude oil rushed down!
Spot gold traded in a narrow range around $1,895.18 an ounce on Tuesday in Asia, with bargain hunting supporting prices but growing views that the Federal Reserve will keep interest rates high for longer as the US economy remains resilient. The 10-year yield has hit its highest level since the financial crisis in 2007, giving bulls pause.
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