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Monthly Archives: April 2024

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Trading 101 Series: Advanced Level – Mindful Trading

Written on April 12, 2024 at 3:28 am, by

Yen Fell Amid U.S Inflation Data, Spark Intervention Fears

Written on April 12, 2024 at 1:46 am, by

Fundamental Analysis * • Intervention Imminent?: The Japanese Yen has reached a 34-year low against the dollar, a level not witnessed since 1990, following robust U.S. inflation data that boosted the greenback. In March, the Consumer Price Index (CPI) experienced a 0.4 percent monthly surge, exceeding the anticipated 0.3 percent increase as per a ReutersContinue Reading

Dollar Surges on CPI Beat, Gold Pressured

Written on April 11, 2024 at 2:43 am, by

Market Summary The Dollar Index surged on the back of robust inflation data, surprising investors and challenging expectations of an imminent rate cut. US Consumer Price Index (CPI) figures outpaced forecasts for the fourth consecutive month, reaching 3.5% over the 12 months to March. This unexpected inflationary pressure prompted a reevaluation of market sentiments regardingContinue Reading

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