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Monthly Archives: May 2024

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Yen Drop on Japan FX Officials Comment

Written on May 7, 2024 at 5:12 am, by jonywang

Market Summary The U.S. equity market continued its upward trajectory, buoyed by growing optimism surrounding potential interest rate cuts by the Federal Reserve later this year, following the release of softer-than-expected nonfarm payroll data last Friday, indicating a slowdown in economic performance. Japan’s Nikkei 225 index surged over 1% this morning upon returning from Monday’sContinue Reading

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Categories: Daily Market Analysis

Ceasefire Deal Stumbles: What’s Next For Safe-Haven Gold?

Written on May 7, 2024 at 1:41 am, by jonywang

Fundamental Analysis * Dovish Fed Commentary Fuels Demand for Gold: Today’s trade fundamental highlights the bullish momentum in the gold market, driven by geopolitical tensions and dovish signals from the Federal Reserve. The breakdown of the ceasefire deal in the Middle East, coupled with comments from Fed officials like Thomas Barkin and John Williams, hasContinue Reading

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Categories: Trading Blog, Trading Knowledge

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

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

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Categories: Master

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