MHMarkets：The US dollar is trading sideways, gold is attracted by key positions, and US crude oil is consolidating at high levels!
On Friday (September 22), spot gold closed at $1,925.21, which was up $1.57 or 0.08% on a weekly basis, hitting a high of $1,929.10 per ounce and a low of $1,919.10 per ounce.
MHMarkets：September 25, 2023--Fundamental Reminder
On Friday, the dollar index continued to brush a half-year high, but fell briefly after the PMI data was released. It quickly recovered all those losses to close up 0.19% at 105.58 and record its 10th weekly gain in a row, another nine-year record. The yield on the 10-year Treasury note retreated from its peak, rising above 4.5% for the first time since 2007 before closing at 4.438%.
USD/JPY Dips But Holds Key Uptrend Support
The Japanese Yen witnessed a bullish trend as the US Dollar surged above the pivotal level of 147.00. Moreover, USD/JPY successfully extended its rally above the 148.00 mark, marking a new multi-week peak at 148.45.
Target Shares Under Pressure
Target shares closed towards the lower end of the S&P 500 on Friday, with a decline of 4%. Investors showed concern over the potential extended duration of higher interest rates and the lower-than-anticipated initial jobless claims data. The entire consumer sector experienced a downturn as investors are apprehensive about an impending recession, which could adversely affect consumer spending.
Major Forex Currency Pairs: Understanding Their Features and Behavior
Having a thorough grasp of the primary currency pairs is essential for individuals involved in Forex trading and investment. These pairs hold significant importance as they comprise the most influential economies globally and have the most substantial impact on market activities.
How Much Lower Can EUR/USD, GBP/USD Go in Light of Powell's Hawkish Remarks?
According to recent trends, the US dollar index seems set to continue its impressive run, marking the 10th consecutive week of success and upholding its strong prospects. This positive momentum is reinforced by the unwavering hawkish approach adopted by the Federal Reserve, as evidenced by their choice to maintain interest rates unchanged this month.
Alarming Signals from Wall Street: How the Fed's Decision Tanked Stocks and Boosted Bond Growth?
The recent occurrences on Wall Street have sparked significant concerns among investors. On the eventful Thursday, the market underwent an intense rollercoaster ride as investors promptly divested their stocks.
WCG Markets:2023-09-25
WCG Markets:2023-09-25
A number of high impact data will determine the next value of gold and the US dollar
The Federal Reserve has expressed its stance that the war on inflation is far from over, signaling that the US central bank's monetary policy is expected to stay restrictive for a longer duration than previously anticipated. Such a policy has the capacity to elevate credit expenses, potentially exerting a slowdown on the economy.
09/22 Market report
【Dow Jones】 【Euro】 【Gold】 【Crude Oil】
Yen Depreciation Persists - Overview for September 7, 2023
USD/JPY Continues to Reach 10-Month Highs.
GBP/USD threatens the 200-day SMA amid dovish bets on the BoE
Last Thursday, the GBP/USD initiated a downward course, seemingly heading back toward the 200-day Simple Moving Average (SMA) at 1.2420. This movement is attributed to the unyielding strength of the USD and falling British yields.
Nasdaq Index Plummets Amidst Rising Oil Prices: A Fed Interest Rate Dilemma
In an unstable market environment, the Nasdaq index experienced a severe devaluation, highlighting the correlation between the Federal Reserve's interest rate policies and escalating oil prices.
MHMarkets：The US dollar breaks through strong pressure, silver rises sharply, and US crude oil fluctuates at high levels! Market Overview
On Thursday (September 21), the Fed indicated on Wednesday that it could raise interest rates one more time later this year, which pushed the dollar and U.S. bond yields higher, and its impact is already being felt in global markets.
MHMarkets ：September 22, 2023--Fundamental Reminder
On Thursday, the dollar index retreated slightly but was still near a six-month high of 105.74 before giving up all its gains and turning negative to end down 0.06% at 105.38.
AUS GLOBAL launched the "Mystery Egg Draw" activity to offer thanks and appreciation to our customers on the occasion of the Mid-Autumn Festival and National Day
Mid-Autumn Festival and National Day, both festivals are celebrated together, on the occasion of Mid-Autumn Festival and National Day, AUS GLOBAL would like to wish our customers and partners a happy holiday, and wish you and your family a happiness and good health! AUS GLOBAL would like to express our gratitude to our customers and partners for their trust and support, we have launched the "Mystery Egg Draw" for all our customers and partners
BoE Preview: Forecasts from 10 Big Banks, Last Rate Hike?
The Bank of England (BoE) will announce its Interest Rate Decision on Thursday, September 21 at 11:00 GMT (18:00 IWST) and as the release time approaches, here are the forecast expectations of economists and researchers from 10 major banks.
AUDNZD analysis for 20.09.2023
The AUDNZD exhibits a predominantly sideways trend with a hint of bullishness.
Amid SEC Investigation, Binance's Bitcoin Trading Volume Slumps Significantly
According to new data compiled by K33 Research, Binance's Bitcoin trading volume has plummeted this month. Since the beginning of September, the platform's 7-day average spot trading volume for Bitcoin has decreased by 57%, according to a new report.
The latest interest rate resolution and economic forecasts from the Federal Reserve are still fermenting,
The US dollar index lost its upward momentum and slightly declined
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