Monthly Archives: October 2023
41654156156Dollar Steadies: Investors Await PCE Report For Market Direction
Written on October 27, 2023 at 5:14 am, by 王建军
The US Dollar experienced a relatively flat day, marked by robust GDP growth at 4.90% while Initial Jobless Claims worse-than-market expectations at 210K The US Dollar experienced a relatively flat day, marked by robust GDP growth at 4.90% while Initial Jobless Claims worse-than-market expectations at 210K. Gold markets adopted a cautious stance, with anticipation buildingContinue Reading
Yen Breaks 150 Level, Sparking Intervention Speculation
Written on October 26, 2023 at 5:13 am, by 王建军
The Japanese yen has weakened to a one-year low at 150 per dollar, raising the spectre of potential currency intervention. The Japanese yen has weakened to a one-year low at 150 per dollar, raising the spectre of potential currency intervention. Alphabet’s disappointing earnings report sent shockwaves through the US equity market, triggering a significant selloff.Continue Reading
Dollar Strengthens On Upbeat PMI Reading
Written on October 25, 2023 at 5:11 am, by 王建军
Favourable U.S. PMI data, coupled with better-than-expected Eurozone economic figures, led to the dollar rebounding above the $106 level. Amidst improving conditions in the Middle East conflict, international leaders and the United Nations advocate for Humanitarian Pauses to facilitate essential aid access for civilians. Gold prices remained stable, but oil prices faced a downturn dueContinue Reading
