Monthly Archives: January 2024
41654156156Dollar Strengthens Ahead Of CPI
Written on January 10, 2024 at 5:03 am, by jonywang
U.S. Dollar displayed subtle strength, with investors redirecting their attention toward the impending release of critical U.S. inflation data (CPI) In yesterday’s market, the U.S. Dollar displayed subtle strength, with investors redirecting their attention toward the impending release of critical U.S. inflation data (CPI). As anticipation grows, the prevailing sentiment of a possible early FedContinue Reading
Dovish Fed Statement Hinders Dollar’s Strength
Written on January 9, 2024 at 5:46 am, by jonywang
The reassurance from Fed officials that the targeted inflation rate of 2% may soon be achieved provided a dovish perspective in the market. In anticipation of the upcoming U.S. CPI release on Thursday, the dollar retreated from its consolidation range. The reassurance from Fed officials that the targeted inflation rate of 2% may soon beContinue Reading
Upbeat U.S. Job Market Fuels Treasury Yield
Written on January 8, 2024 at 5:34 am, by jonywang
The U.S. job market exceeded expectations, leaving the financial market perplexed about the strength of the economy despite the prevailing high-interest rate environment. Last week, the U.S. job market exceeded expectations, leaving the financial market perplexed about the strength of the economy despite the prevailing high-interest rate environment. The diminished belief in a Fed rateContinue Reading
