Monthly Archives: May 2024
41654156156Canadian 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
Common Mistakes In Trading A CFD Trader Makes
Written on May 3, 2024 at 5:34 pm, by 王建军
Entering the world of financial trading can be as thrilling as it is challenging, with Contracts for Difference (CFD) offering a gateway to the volatile markets. Yet, even the most experienced CFD traders can sometimes find themselves stumbling through the same pitfalls. Is it a lack of knowledge, overconfidence, or just bad luck? The truthContinue Reading
RBA and BoE Take Center Stage Amidst U.S. Light Week
Written on May 3, 2024 at 5:30 am, by 王建军
Tuesday, 7th May 2024, 06:30 – RBA Interest Rate Decision (May) During the March meeting, Australia’s central bank kept its interest rates steady at 4.35% and adopted a more relaxed approach towards tightening, suggesting growing confidence in inflation reaching its target despite economic deceleration. Following the release of March’s CPI data, hopes for an imminentContinue Reading
