The Advantages You Will Get of Forex Trading at Salmamarkets
In practice, the advantages of forex trading are not only limited to the difference between the selling and buying prices of currencies. There are benefits of overnight interest (swap).
Mohicans markets ：MHM Today’s News
On Tuesday, November 8, as investors greeted the U.S. midterm elections and CPI data for October, the dollar index continued to fall, falling back below 110 for the first time since Oct. 27, closing down 0.56% at 109.60. The euro turned up against the dollar and returned to above parity, the pound touched 1.16 against the dollar at one point, and the dollar fell below the 146 mark against the yen.
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Mistakes that Oftenly Made by Beginners in Forex Trading
Many people suddenly get rich because they are successful foreign exchange traders or investors. However, not a few also go bankrupt because they don't want to learn so they make many mistakes in forex trading and will eventually lose money.
GemForex | Numbers Outlook – October 2022
performance, growth, summary, estimation
GemForex | Numbers Outlook – September 2022
performance, growth, summary, estimation
Mohicans markets：MHM European Market
On Tuesday, November 8, Beijing time, spot gold shock slightly down in early trading of Asian market, and is currently trading at $ 1668.80 per ounce; the dollar rebounded mildly, making gold prices under slight pressure.
GemForex - weekly analysis
The Week Ahead: Focus on US midterm elections and US inflation
Mohicans markets：MHM Today’s News
On Monday, November 7, as market risk appetite rose, the U.S. dollar index extended its decline, closing down 0.52% at 110.21. The euro returned to parity against the dollar; the pound rose above 1.13, 1.14 and 1.15 levels against the dollar, and the risk-sensitive Australian dollar erased all losses against the dollar during the Asian session; the dollar once forced the 146 mark against the yen.
Get to Know Forex Trading and the Right Way to Start
Forex (foreign exchange) refers to trading foreign currencies. In getting to know forex trading, where another name for forex can be referred to as foreign currency or even forex.
WIKIFX REPORT: USD slumped as Unemployment Rate Rises
The United states dollar index or it is also known as DXY was down more than 1.6 percent to the 111.10s range. That was occured when this news was written in Friday's (4/November)
WIKIFX REPORT: Powell Blazes Speculation of a Slow Down in Rate Hike
Fed Chairman, Jerome Powell, yesterday said that it was too early to talk about a slowdown in the pace of rate hike. It is as there was "no sign of inflation declining" seen so far.
WIKIFX REPORT: Dollar Ahead, Sterling Falls due to UK recession
The greenback became the champion of the forex market on (3/November). It was following the announcement of the Federal Reserve and Bank of England meetings result.
Easy Trading on Salma Markets and the Benefits You Will Get
Some people think that trading foreign exchange (forex) is a difficult thing.
Mohicans markets：11.07--MHM European Perspective
On Monday, November 7, Beijing time, spot gold opened low after narrow oscillation in early trading of Asian market, and is currently trading near $ 1672.25 per ounce; on Friday a number of Federal Reserve officials said they would narrow the pace of interest rate hikes, helping gold prices rose sharply, but encountered resistance near the high of 1683.83 in October 11.
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Mohicans markets：MHM Today’s News
On Friday, November 4, the U.S. non-farm payrolls report for October failed to strengthen the Fed's hawkish interest rate hike expectations, the dollar index fell below 111, closing down 1.947% at 110.81, which was the largest single-day decline since March 2020. The euro broke through 0.99 against the dollar, soaring more than 2% during the day; the Australian dollar surged nearly 3% against the dollar; the dollar fell below 147 against the yen.
WIKIFX REPORT: Week Ahead: US CPI the highlight in a quiet week of risk events
After the glut of central bank meetings over the past couple of weeks, we have a quieter upcoming calendar. It’s certainly been volatile with hopes we were reaching the point of peak hiking trumped by a reality check from the Fed. The world’s most important central bank hiked rates as expected with a fourth 75bp move. But this was accompanied by a hawkish message from Chair Powell in his press conference.
WIKIFX REPORT: Three markets to watch next week
The Fed meeting as well as the US NFP report for October are already behind us but it does not mean that the next week will be in any way boring. Traders will be offered US CPI reading for October. On top of that, US midterms elections will take place on Tuesday. Be sure to watch US500, GOLD and GBPUSD next week!
WIKIFX REPORT: The US dollar’s surge strengthens its global dominance amid search for safety
The market turbulence triggered by runaway inflation, fears of a global recession and the war in Ukraine seems to have halted the slow erosion of the US dollar’s dominance.
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