About: anakin

Dear Client, Starting from March 31, 2024, the trading hours of some MT4/MT5 products will change due to the upcoming Daylight Saving Time change in the EU/UK. Please refer to the table below outlining the affected instruments: The above information is provided for reference only; please refer to the MT4/MT5 software for specific data. If Continue Reading

CURRENCIES: US Dollar’s Current State: The US dollar shows a rangebound pattern, with minimal gains amid mixed Treasury yields and market caution. Anticipation of Key Events: Traders are in a wait-and-see mode ahead of significant events, including US PCE data and Fed Chair Powell’s speech on Friday. Bank Holiday Impact: Thinner market liquidity expected due Continue Reading

This week witnessed a slight retreat in major U.S. stock indexes, with the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average all experiencing downturns, contrasting sharply with their recent record highs. Notably, Tesla, Seagate Technology, and Krispy Kreme outperformed, driven by positive developments. Mixed economic data revealed robust durable goods orders but a drop Continue Reading

CURRENCIES: GBP/USD Movement: The British Pound has slightly risen above 1.26 against the US Dollar, fueled by anticipation of interest rate reductions by the Federal Reserve in June. Market Sentiments: Confidence is high among investors that the US will commence lowering borrowing costs in June, with over a 70% probability indicated by the Chicago Mercantile Continue Reading

This week witnessed a modest retreat in stock markets, with key indices like the Dow Jones, S&P 500, and Nasdaq Composite pulling back from recent record highs, while the currency market saw nuanced movements amid varying global fiscal policies and geopolitical tensions. Intel and United Airlines faced declines due to regulatory and operational headwinds, respectively, Continue Reading