VONWAY FOREX GLOBAL LTD

2023-07-25 14:42:17 The US Dollar's upward trend persists ahead of the commencement of the Fed meeting

On Tuesday, the US Dollar experiences an increase in momentum, with the USD index - a gauge of the USD's value against a basket of six major currencies - reaching its highest point since July 12, hovering near 101.5 during the early European session. Surge confirms a bullish beginning to the week for the Greenback, which showed a continuous rise for five consecutive days on Monday, outperforming other major currencies in the previous week as well.

The US economic calendar will include the Conference Board's consumer sentiment survey for July. In June, the Consumer Confidence Index saw an improvement, rising to 109.7 from 102.5 in May. Additionally, the Present Situation Index increased to 155.3 from 148.9, and the Consumer Expectations Index climbed to 79.3 from 71.5.

Furthermore, US Federal Reserve will commence its two-day policy meeting on Tuesday, and the interest-rate decision is scheduled to be announced on Wednesday. Buka / Bagaimana

2023-07-24 14:49:26 US Dollar begins the week on a solid foundation ahead of PMI data

Commencing the new week with strength, the US Dollar outperformed its major rivals, leading to the US Dollar Index touching its highest level near 101.50 since July 12 during the early European session.

Capital outflows from the Euro and Pound Sterling were observed as the Services and Manufacturing PMI data from Germany, the EU, and the UK reported weaker-than-expected results for early July.

Later in the day, the US economic schedule will include S&P Global's PMI surveys, potentially influencing the USD's valuation before the highly anticipated policy announcement by the US Federal Reserve on Wednesday. Buka / Bagaimana

2023-07-20 03:53:08 US Dollar Index: DXY Maintains Weekly Highs above 100.00 Amidst Growing China and Fed Concerns

The current economic landscape further complicates the situation. Low inflation growth in the UK challenges the possibility of rate hikes by the Bank of England, and comments from an ECB Governing Council member create uncertainty about future rate decisions. In the US, conflicting data, with contractions in Building Permits and Housing Starts compared to previously positive Retail Sales, muddle the outlook for interest rates and potential rate hikes. Additionally, the US Dollar's rebound from its 15-month low on Tuesday and Wednesday's recovery is dampened by concerns over prolonged higher rates and geopolitical tensions between China and the US. Market sentiment and short-term DXY movements are expected to be influenced by risk factors, while the economic calendar will be shaped by upcoming data on US Initial Jobless Claims and Existing Home Sales. Buka / Bagaimana

2023-07-19 03:04:55 GBP/JPY Price Analysis: Mild Upside Momentum Amidst Conflicting Indicators, Approaches 181.00 Resistance Level

GBP/JPY showed a temporary halt in its downward movement, indicating a potential upward bias signaled by a bullish-harami two-candlestick pattern. The presence of pin-bar candles and two negative trading sessions put pressure on GBP/JPY, leading to a decline below the key level of 181.00. To continue the bearish trend, GBP/JPY needs to break below 180.36, while breaching the Tenkan-Sen at 181.52 could suggest a bullish reversal. In the Asian session, GBP/JPY recorded slight gains of 0.04%, following a day dominated by Pound Sterling (GBP) weakness. However, the Japanese Yen (JPY) faced downward pressure due to dovish remarks made by the Bank of Japan (BoJ) Governor Kazuo Ueda. Currently, GBP/JPY is trading at 180.99. Buka / Bagaimana

2023-07-18 07:14:34 We sincerely apologize for the recent technical issue on our MetaQuotes server that caused inconvenience to you. Our server experienced a temporary disconnection problem, impacting the normal functioning of our trading platform. We understand the frustration and regret any disruption to your trading activities. Our team promptly investigated and resolved the issue.

We are pleased to inform you that the problem has been fixed, and our MetaQuotes server is now fully operational. You can resume your trading activities without interruptions or concerns. Our technical experts have thoroughly examined the system to ensure its stability and reliability in the future.

We apologize once again for any inconvenience caused and assure you of our commitment to providing an exceptional trading experience. Thank you for choosing Vonway as your trusted trading partner. Buka / Bagaimana

2023-07-18 04:13:21 NOTICE - Service Maintenance

We sincerely apologize for the inconvenience caused by the technical error you experienced. Our team is fully aware of the situation and is working diligently to resolve the glitch as quickly as possible. We understand the frustration this may have caused you and want to assure you that we are committed to rectifying the issue promptly.

In the meantime, we would like to offer our assurance that your credit will be reimbursed once again. Our team will ensure that the necessary steps are taken to process the reimbursement swiftly and accurately. We deeply regret any inconvenience this may have caused you and appreciate your patience as we work towards a resolution. Buka / Bagaimana

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2023-07-17 05:04:47 Meta Trader 4 Maintenance for "Android User"

We apologize for any inconvenience caused, and we would like to inform you that the Android-based MT4 service is currently undergoing maintenance. As a result, certain features or functionalities may not be accessible during this time. Our team is working diligently to complete the maintenance process and restore the service to its normal functioning as soon as possible. We understand the importance of uninterrupted service and strive to minimize any disruptions. We will continue to provide updates regarding the status of the maintenance and notify you promptly once the service is running normally again. We appreciate your patience and understanding in this matter. Buka / Bagaimana

2023-07-17 04:52:04 Gold Price Consolidates with Bullish Undertones amid US Consumer Confidence Boost

The gold price starts the week with muted trading, hovering above $1,950 during the Asian session. Although the price remains range-bound, it is considered a bullish consolidation phase, urging caution before anticipating a significant corrective decline. The surge in US consumer confidence, reaching its highest level since September 2021, strengthens the US dollar and poses a challenge for gold. However, the easing inflation, cooling US labor market, and expectations of the Federal Reserve nearing the end of its tightening cycle provide support for gold. Additionally, a slight dip in US equity futures aids the safe-haven appeal of gold. Attention turns to Chinese macro data, which could influence market sentiment. Overall, the prevailing fundamentals suggest a positive bias for XAU/USD, making potential declines viewed as buying opportunities with limited downside risk for now. Buka / Bagaimana

2023-07-14 07:48:37 VONWAY NEW LOOK!
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