10/26 Market report

【Dow Jones】 【Euro】 【Gold】 【Crude Oil】

Review 2023-10-26 19:21

USD/CHF extends gains as the USD holds firm

During Wednesday's trading session, the USD/CHF witnessed a consecutive two-day increase, surging towards the 0.8960 mark. Boosted by positive Housing Market data and higher US yields, the US dollar experienced increased demand. Conversely, the Swiss franc appears to be losing strength due to underwhelming expectations data from Switzerland.

News 2023-10-26 18:47

GBPUSD analysis for 25.10.2023

The GBPUSD chart indicates positive upward momentum as it shows a recent rebound from the lower Bollinger Band and is now moving towards the upper band. These observations suggest a possible bullish trend in the price movement.

News 2023-10-26 18:45

Bitcoin to reach $45,000? Bitcoin ETF anticipation growing

Yesterday, Bitcoin exhibited robust momentum, demonstrating a noteworthy surge of more than 10% and coming close to achieving a gain of 15% within the span of a day.

News 2023-10-26 18:42

MHMarkets:The US dollar index accelerated its decline during the Asian market, and the Bank of Japan intervened in the market.

On Thursday (October 26), the US dollar index continued yesterday's US market rally in the Asian market, with a rebound of 106.84 above and support for 106.76 below.

News 2023-10-26 17:10

MHMarkets:October 26, 2023--Fundamental Reminder

On Wednesday, the dollar index fluctuated to the upside above 106 before closing up 0.27% at 106.57. Treasury yields rebounded, with the 10-year yield back above 4.9% and at last close at 4.961%. The yield on the two-year Treasury note fell and then rose to close at 5.125%.

News 2023-10-26 17:07

10/25 Market report

【Dow Jones】 【Euro】 【Gold】 【Crude Oil】

Review 2023-10-25 21:59

MHMarkets:The dollar index accelerated its fall in Asia market and the BOJ intervened in the market

On Wednesday (October 25), the dollar index rose sharply yesterday, as high as 106.36 line blocked, today's Asian dollar index fell slightly, below 106.18 support, the current price is at 106.26 line; Gold today the Asian market first rose to 1976 near the block, then the price fell to the Asian market opening price 1970.25, the gold price at 1975.03 line

News 2023-10-25 17:27

MHMarkets:October 25, 2023--Fundamental Reminder

The dollar index fell and then rose on Tuesday, hitting an intraday low of 105.36, before strongly recovering all its losses and regaining the 106 mark to end up 0.61% at 106.24. U.S. Treasury yields rose and then fell, with the 10-year yield barely holding at 4.8% before closing at 4.819%.

News 2023-10-25 17:24

PMI of the United States hit a 6-month high in October, and the US dollar achieved a one-day reversal Three major stock indices rebounded across the board

PMI of the United States hit a 6-month high in October, and the US dollar achieved a one-day reversal Three major stock indices rebounded across the board

Review 2023-10-25 16:06

Stocks Pick of The Week - Tech Giants' Earnings Season Looms, A Portfolio Shift from FX to Stocks

The investing landscape is gearing up for an eventful week as earnings season unfolds, with a striking 30% of S&P 500 companies poised to unveil their financial results.

News 2023-10-25 14:39

Gold prices mixed as yield rally cools, US data barrage in focus

Gold prices traded in a mixed range on Tuesday, retaining most recent gains as traders watched for any more developments in the Israel-Hamas war, while focus also turned to a string of key U.S. economic readings due this week.

News 2023-10-25 12:25

DAX 40 & DOW JONES: weekly analysis 23rd – 27th October

This week major US stock indexes experienced a significant decline, following Federal Reserve Chairman Jerome Powell’s speech regarding sticky inflation and the likelihood of an unchanged interest rate at the November meeting.

News 2023-10-25 12:22

USD/NOK reversed its course from multi-month highs clearing daily gains

In Thursday’s session, the USD/NOK initially rose to multi-months highs at 11.083 and then closed below 11.000 with 0.45% daily losses. On the one hand, the USD weakened against its rivals as investors sensed a dovish stance of Jerome Powell during his speech at the Economic Club of New York.

News 2023-10-25 10:52

Pound skating on thin ice. Forecast as of 19.10.2023

The caution of the Bank of England, stagflation in the UK, and the crisis in the Middle East are pressing the pound down. Following a short correction up, the GBPUSD resumed falling and will hardly turn up in the near future. Let us discuss the Forex outlook and make up a trading plan.

News 2023-10-25 10:49

10/24 Market report

【Dow Jones】 【Euro】 【Gold】 【Crude Oil】

Review 2023-10-24 21:45

Canadian Dollar Update – Canadian dollar dives

The Canadian dollar was sideswiped by surging US Treasury yields yesterday, and it continued to feel the effects overnight. USDCAD soared from 1.3618 to close at 1.3717 yesterday, then extended the gains to 1.3741 just before NY opened today.

News 2023-10-24 18:39

MHMarkets:The US dollar index accelerated its decline during the Asian market, and the Bank of Japan intervened in the market.

On Tuesday (October 24), the US dollar index accelerated its decline to 105.45 during the Asian market, which was hindered, and the current price is around 105.49.

News 2023-10-24 18:02

MHMarkets:October 24, 2023--Fundamental Reminder

The dollar index plunged during U.S. trading on Monday, falling below the 106 mark and hitting an intraday low of 105.51 before closing down 0.52% at 105.60. U.S. bond yields rose and then fell, with the 10-year yield hitting an intraday high of 5.021% but failing to hold above 5% and accelerating losses in premarket trading to end at 4.848%. The yield on the two-year Treasury note closed at 5.047%.

News 2023-10-24 18:00

Diplomatic efforts to ease tensions in the Middle East led to a 3% drop in oil prices to a one week low The weak US dollar supports gold prices, focusing on the situation in the Middle East and PMI data from Europe and America

Diplomatic efforts to ease tensions in the Middle East led to a 3% drop in oil prices to a one week low The weak US dollar supports gold prices, focusing on the situation in the Middle East and PMI data from Europe and America

Review 2023-10-24 16:14