Blog News
Greetings from Maxco! We would like to inform you that there will be a trading session update due to the US Memorial Day, please kindly record the date in the table below: Please bear these changes and plan your trading accordingly. All other markets will remain unaffected and will be available for trading during normal […]
Greetings from Maxco! We would like to inform you that there will be a trading session update due to the UK Bank Holiday, please kindly record the date in the table below: Please bear these changes and plan your trading accordingly. All other markets will remain unaffected and will be available for trading during normal […]
Greetings from Maxco, We would like to inform you of the expired product for some Index Futures in the respective markets for May 2025: The expired contract must be settled on or before the expiration date. Please consider the Futures Expirations Calendar above and plan your trading accordingly. All other markets will remain unaffected and be available […]
As of May 22, the latest economic data reveals a growing contrast between the United States, which is beginning to show signs of weakness, and Europe and the UK, which are showing early signs of recovery. This divergence is having a direct impact on the movement of major currencies such as the US Dollar (USD), […]
Gold futures moved higher during the U.S. trading session on Wednesday, supported by a weaker U.S. dollar that typically boosts demand for safe-haven assets like gold. On the Comex exchange, June gold contracts rose by 1.22% to USD 3,324.69 per troy ounce at the time of reporting. The price touched a session high earlier and […]
Gold (XAU/USD) is currently extending its upward movement toward the next resistance level. This rally comes after the price completed a secondary trend phase, which previously showed signs of short-term consolidation or correction. With the secondary trend now concluded, the market is beginning to form a new primary trend, indicating renewed bullish sentiment toward gold. […]
Gold prices declined by 0.5% to around $3,213 per ounce on Tuesday, May 20, 2025. This correction was driven by two main factors: the strengthening US dollar and growing optimism surrounding a Russia–Ukraine ceasefire, which reduced demand for gold as a safe-haven asset. Market Drivers Impact of Trade War and US–China Sentiment In addition to […]
As the global financial landscape faces growing uncertainty, confidence in the US dollar—the world’s dominant reserve currency—is beginning to show signs of strain. A combination of political decisions, fiscal imbalances, and shifting investor sentiment has led to a noticeable weakening in the greenback, raising broader concerns over its long-term outlook. Tariffs Fuel Investor Anxiety One […]
The NZD/CAD currency pair is currently showing signs of a potential downward movement. Technical analysis suggests that the price has reached a recent high, indicating an overbought condition. This often serves as an early warning of a possible correction or trend reversal in the market. One of the key factors supporting this bearish outlook is […]
Key Economic Data Initial Jobless Claims – Thursday, May 22The weekly jobless claims figure will provide the latest indication of the health of the U.S. labor market. S&P Global Flash PMI (May) – Thursday, May 22This index reflects preliminary activity in the manufacturing and services sectors. The results will indicate whether there are signs of […]
