Trade concerns lifted the US dollar, while Fed rate cut expectations drove gold higher.

On Wednesday, the US dollar index remained above the 106 level and ultimately closed up 0.23% at 106.65. The yield of US Treasury bonds continues to rise, with the two-year bond yield closing at 4.157

Review 2024-12-12 18:10

THURSDAY TRADING    

BUY GOLD 2695 and below target 2730SELLGOLD 2727 and above target 2688BUY EURUSD 10475 target 10545SELL EURUSD 10540 target 10469BUY GBPUSD 12680 target 12770SELL GBPUSD 12773 target 12675BUY USDJPY 1

Review 2024-12-12 17:15

【MACRO Alert】U.S. November CPI data in line with expectations, paving the way for the Fed to cut int

The latest US Consumer Price Index (CPI) report for November showed that inflation did not exceed market expectations, which provided support for the Federal Reserve to cut interest rates by 25 basis

News 2024-12-12 16:44

Fundamental Analysis: A Key to Smarter Trading Decisions

Fundamental analysis, a cornerstone of trading strategies, extends beyond its traditional association with stock markets. It‘s a powerful tool for navigating currency trading, CFD trading, and even sh

News 2024-12-12 15:06

DBG Markets: Market Report for Dec 12, 2024

Market OverviewGOLD - GOLD prices have reached 2722.268, marking a significant high point following a shift in overall price momentum. The RSI suggests continued buying activity after an exaggerated l

Review 2024-12-12 14:08

Soft CPI Reading, Reinforces Fed Rate Cut

U.S. CPI reading aligned with the market consensus, reinforced by Fed rate cut speculation. Gold prices stood firm at above the $2700 mark on the back of a softened dollar. Australian dollar boosted b

News 2024-12-12 14:04

Today's Market Impact

Market Overview As of December 11, 2024, global markets showed mixed performance. The Nasdaq Composite surged 1.8% to close above 20,000 for the first time, while the SP 500 rose 0.8% to 6,083. H

Review 2024-12-12 12:37

Gold once hit $2,720; the Fed’s December interest rate cut is almost a certainty!

Hot spot trackingThe year-on-year growth rate of the U.S. non-seasonally adjusted CPI rebounded further in November, rising to 2.7% for the second consecutive month. The core consumer price index in t

Review 2024-12-12 11:44

Analysis of today's market

On Wednesday, gold prices extended their upward trend after the release of U.S. inflation data. As the inflation picture evolves, expectations for the Federal Reserve to cut interest rates next week h

News 2024-12-12 09:14

GTCFX Golden Eagle Awards Night Will Shine on December 15th

On December 15th, the much-anticipated GTCFX Golden Eagle Awards Night will shine brightly! The internationally renowned superstar Nora Fatehi will make her grand appearance as the first celebrity gue

News 2024-12-11 21:24

Leading Forex Broker CMS Prime Launches SHIB/USD Trading Pair

CMS Prime, a globally renowned Forex broker, announces the highly anticipated launch of the Shiba Inu (SHIB) trading pair with USD. Expanding its footprint in the cryptocurrency trading market, CMS Pr

News 2024-12-11 18:12

FX Global Investment Company: Beirman Capital Trading Professionalism

Financial market complexity needs experience, reliability, and extensive resources. Beirman Capital stands out as an FX worldwide investment business with powerful solutions for individual and institu

News 2024-12-11 16:28

Enhanced Rebates for Advanced Accounts!

News 2024-12-11 16:09

CMS Prime Champions Regulatory Compliance for Secure Trading: Insights from Chief Legal Counsel

In an ever-evolving financial landscape where the capital and foreign currency trade market burgeons, not just globally but significantly in the UAE, CMS Prime emerges as a beacon of trust and regulat

News 2024-12-11 15:48

【MACRO Insight】CPI data release: market volatility and uncertainty in the Fed’s rate cut path

Although market concerns about U.S. inflation have eased, Bank of America said in a report on Monday that the upcoming November CPI data may have a greater impact on U.S. stocks than investors think.

Review 2024-12-11 14:30

US dollar rose as investors adjusted positions, while Middle East turmoil drove gold near $2700.

On Tuesday, the US dollar index continued its upward trend, reaching a intraday high of 106.62 during trading and ultimately closing up 0.22% at 106.38. The yield of US Treasury bonds has rebounded, w

Review 2024-12-11 14:12

CMS Prime Secures Seven Prestigious Titles for Trading Excellence

CMS Prime, a multi-asset broker in the financial industry, proudly announces its recent achievements, receiving several prestigious awards in recognition of its excellence in the forex trading industr

News 2024-12-11 13:55

DBG Markets: Market Report for Dec 11, 2024

Market OverviewAsian stock markets and the U.S. dollar paused on Wednesday as investors braced for potential rate cuts in Canada and awaited a critical U.S. inflation report. Expectations for a rate c

Review 2024-12-11 13:44

Today's Top News

Rate Cuts on the Horizon: A Comprehensive Market Update Asian stock markets and the U.S. dollar paused on Wednesday as investors awaited pivotal U.S. inflation data and a potential rate c

Review 2024-12-11 13:20

Today's Market Moves

Markets on Edge: Anticipation Builds Around Rate Decisions Global markets exhibited caution on Wednesday as key inflation data and rate decisions loomed. Investors focused on Canada and the F

Review 2024-12-11 13:17