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Recently, STARTRADER has proudly secured an award from EMG Publishing. This award stands as a testimony of the team’s continuous dedication to actively listen to the needs of their client, with the hope of addressing these needs in the best ways possible. STARTRADER has recently introduced a trading app that has garnered great praise from clients. Nevertheless, STARTRADER has optimized their APP further so that it has become one of the best online trading apps.
The dollar index steadied in the last session, trading above the $105 mark, ahead of the highly anticipated FOMC meeting minutes. Market expectations are leaning towards a more hawkish stance from the U.S. central bank due to a tight labour market. Analysts predict that the Fed is likely to implement two 25 bps rate cuts toward the end of the year, contingent on further evidence that inflation is slowing.
[Singapore, June 11, 2024] — In the latest live trading evaluation released by BrokersView in May 2024, DECODE GLOBAL secured the top spots in the composite rankings in Singapore and Dubai, demonstrating its leading position in the global forex market.
The Federal Reserve is expected to keep interest rates unchanged, which could support the US dollar and pressure gold prices if a hawkish stance is taken. Gold prices continue to decline after breaking an upward wedge pattern, with a key support level at $2250. The 14-day RSI indicates further potential decline unless prices recover above the 50-day and 21-day moving averages.
Market Review | June 12, 2024
Market Review | June 12, 2024
Market Review | June 12, 2024
The Federal Reserve Bank of New York's May consumer survey reveals that American households' optimism about the stock market has reached a three-year high, with the probability of stock prices rising in the next year expected to be 40.5%.
In response to increasing investor demand for more cost-effective trading solutions, FP Markets, a global multi-asset Forex and CFD broker, has further reduced its spreads across various trading instruments.
EBC Financial Group (UK) Ltd CEO David Barrett explores factors driving major investors to Chinese markets, offering his outlook on future growth.
EBC Financial Group, in collaboration with Elite Trader Club, has launched a CSR initiative aimed at repairing mosque facilities and supporting 75 orphans at the Nurul Ibad Child Welfare Institution in Banten, Indonesia. The program also aims to raise awareness about the critical need for educational support for orphans, emphasizing a commitment to social and environmental betterment.
On Monday (June 10th), due to recent strong US economic data, the US dollar index rebounded slightly.
EBC Financial Group mobilizes swiftly to support Hualien communities with essential aid and rebuilding initiatives.
The dollar index is poised at its recent high level, while U.S. equity markets eked out marginal gains as the market awaits Wednesday’s crucial CPI reading and the FOMC meeting minutes.
June 16 to 18, 2024 is the Islamic festival of “Eid al-Adha”, in order to thank and give back our customers and partners for their trust and support in AUS GLOBAL , we sincerely hold the “Lucky Card” event for all customers and partners.
Leading broker PU Prime is shaking things up with a dual approach to enhance customer risk management and trading opportunities. Effective June 17th, 2024.
CWG Commodity Futures Delivery Time
USD/JPY (USD/JPY), an increase is expected as the Bank of Japan may reduce bond purchases and lay the groundwork for future rate hikes. Technical indicators show an ongoing uptrend with resistance around 157.8 to 160.
Market Review | June 11, 2024
the withdrawal fee in Otet Markets has reached zero percent