Monthly Archives: January 2024
41654156156Dollar Strengthen As Fed Rate Cut Speculation Wane
Written on January 17, 2024 at 5:39 am, by jonywang
The U.S. dollar maintained its upward trajectory, putting pressure on both gold and equity markets. Despite a relatively dovish speech from Fed governor Christopher Waller, the U.S. dollar maintained its upward trajectory, putting pressure on both gold and equity markets. Wall Street faced selling pressure as early bets on Fed rate cuts diminished. Gold pricesContinue Reading
Dollar Strengthen As Sentiment Shift
Written on January 16, 2024 at 5:16 am, by jonywang
The U.S. dollar has experienced a resurgence, reaching its highest level in a month, propelled by a revival in U.S. treasury yields. The U.S. dollar has experienced a resurgence, reaching its highest level in a month, propelled by a revival in U.S. treasury yields. This rebound signals a departure from earlier speculation that the FederalContinue Reading
Gold Surges On Geopolitical Unrest
Written on January 15, 2024 at 5:56 am, by jonywang
Dollar remains range-bound near resistance, with conflicting signals from the U.S. – robust economic performance juxtaposed with dovish Federal Reserve statements. The Dollar Index remains range-bound near resistance, with conflicting signals from the U.S. – robust economic performance juxtaposed with dovish Federal Reserve statements, obscuring its trajectory. Despite a U.S. holiday pausing equity trading today,Continue Reading
