Monthly Archives: March 2024
Forex Market Analysis: US Dollar Awaits Jobs Report, Fed’s Next Move in Focus
Written on March 8, 2024 at 10:04 am, by anakin
CURRENCIES: Guidance on US Dollar from US Jobs Report: The upcoming U.S. jobs report will significantly influence the U.S. dollar’s direction, with implications for EUR/USD, USD/JPY, and GBP/USD trading setups. Sensitivity to Nonfarm Payrolls Data: Financial markets and the U.S. dollar are poised to react to February’s nonfarm payrolls, potentially impacting the Federal Reserve’s easing cycle timing. Continue Reading
Forex Market Analysis: Euro Outlook, ECB Meeting Focus, Tech Stocks Rebound
Written on March 7, 2024 at 9:59 am, by anakin
CURRENCIES: Euro’s Future Dependent on ECB’s Direction: The outlook for the Euro hinges on the European Central Bank’s (ECB) upcoming guidance, with focus on EUR/USD, EUR/GBP, and EUR/JPY trading strategies. ECB Meeting Anticipation: The ECB’s meeting on Thursday is expected to maintain interest rates, marking the fourth consecutive time without change. Investors are advised to Continue Reading
Notification of Server Upgrade – March 7, 2024
Written on March 7, 2024 at 9:21 am, by anakin
Dear Client, As part of our commitment to provide the most reliable service to our clients, there will be server maintenance this weekend. Maintenance Hours : 10th of March 2024 (Sunday) 07:00 – 14:00 (GMT+2) Please note that the following aspects might be affected during the maintenance: 1. To accommodate the daylight saving time adjustment, Continue Reading
Utilising market capitalisation in trading strategies
Written on March 6, 2024 at 3:10 pm, by anakin
Market capitalisation, frequently referred to as ‘market cap,’ serves as a vital metric for evaluating a company’s value in the stock market, akin to a comprehensive price tag for the entire entity. Understanding market capitalisation is pivotal as it offers traders insights into a company’s prominence within the market, thereby influencing their investment choices and Continue Reading
Forex Market Analysis: Inflation Observations, Tech Stocks Dip, Bitcoin Volatility
Written on March 6, 2024 at 7:40 am, by anakin
CURRENCIES: Economic Insights: Market Movements: Trading Sentiment: STOCK MARKET: Market Summary: Key Company Movements: Currency Fluctuations: Investor Sentiment and Federal Reserve Expectations: Corporate Earnings Highlight: Sector Spotlight: Start your CFD Shares Trading journey with VT Markets now!
Daylight Saving Time Adjustment Notice – March 5, 2024
Written on March 5, 2024 at 9:37 am, by anakin
Dear Client, The adjustment of DST will be commencing on March 10th. Please consider below carefully: The trading sessions of some products on MT4/MT5 will be changed as follows. Please find the table below for more information. The above data is for reference only, please refer to the MT4/MT5 software for specific data. If you’d Continue Reading
Forex Market Analysis: US Dollar’s Uncertainty, Tech Stocks Surge, Bitcoin Nears Record Highs
Written on March 5, 2024 at 8:28 am, by anakin
CURRENCIES: US Dollar’s Uncertain Direction Ahead of Key Events Technical Analysis on Major Currency Pairs Mixed Performance Against Major Counterparts Market Caution Due to Packed Economic Calendar Focus on Powell’s Testimony STOCK MARKET: Stock Market Retreats from Record Highs Impact on Major Indexes Tech Sector Rally and Bubble Concerns Cryptocurrency and Commodities Performance Upcoming Economic Continue Reading
Weekly Market Analysis: Central Bank Decisions, Jobs Report Awaited Amid Record Stock Market Momentum
Written on March 4, 2024 at 9:40 am, by anakin
Economic news: No notable economic releases. Earnings: Gitlab (GTLB), Stitch Fix (SFIX), ThredUp (TDUP) CURRENCIES: Gold Breakout and Market Volatility Ahead: With central bank decisions and the U.S. jobs report on the horizon, this week is poised for potential market shifts. Tuesday’s Focus on U.S. Services: The ISM Services PMI for February is expected to show a Continue Reading
Weekly Market Outlook: Navigating through economic indicators and Central Bank policies
Written on March 4, 2024 at 2:21 am, by anakin
As we step into the week commencing March 4th, anticipation fills the financial sphere for a flurry of significant economic disclosures. Investors and policymakers alike brace themselves for a cascade of reports set to influence the Federal Reserve’s trajectory leading up to the forthcoming FOMC meeting on March 19-20. All eyes are fixed on Federal Continue Reading
Forex Market Insights: Gold Prices Surge Amid U.S. Dollar Strength and Inflation Concerns
Written on March 1, 2024 at 10:33 am, by anakin
CURRENCIES: · Gold prices surged past the $2,040 mark on Thursday, hitting their highest since early February, though the rise was tempered by a strong U.S. dollar. · The uptick in gold’s value was partly driven by a drop in U.S. Treasury yields, following an economic report that matched expectations. The January core PCE deflator reported a Continue Reading
