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Monthly Archives: May 2024

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What Are The Signs That You Are Ready To Start Live Trading?

Written on May 6, 2024 at 8:30 am, by 王建军

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Categories: Master

Soft NFP Spurs Stock Market

Written on May 6, 2024 at 5:24 am, by 王建军

Market Summary Last Friday saw a notable weakening in the dollar, with the dollar index (DXY) declining to its monthly low following the underwhelming U.S. Non-Farm Payroll (NFP) report, which significantly missed market expectations. This soft job data has fueled market speculation about a possible interest rate reduction by the Federal Reserve in the thirdContinue Reading

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Categories: Daily Market Analysis, Market Insights

Canadian Dollar Weakens Despite US NFP Missed

Written on May 6, 2024 at 2:16 am, by 王建军

Fundamental Analysis * Loonie Downturn: On Friday, the Canadian Dollar (CAD) experienced a widespread decline despite disappointing US Nonfarm Payrolls (NFP) and wage data, causing it to plummet after an initial uptick. Given the absence of significant economic data in Canada until Tuesday, the Canadian Dollar was vulnerable to broader market dynamics. Poor US dataContinue Reading

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Categories: Trading Blog, Trading Knowledge

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