Monthly Archives: June 2024
41654156156Pound Sterling Steady Ahead of UK CPI
Written on June 19, 2024 at 5:26 am, by 王建军
Market Summary The dollar index (DXY) slid further after U.S. Retail Sales figures came in below market expectations, triggering a technical correction for the dollar. U.S. policymakers have emphasised the need for patience on rate cuts, citing the necessity for more evidence to prove that inflation is cooling. The risk-on sentiment has also buoyed theContinue Reading
USDCHF Extend Losses Amid Weak US Retail Sales
Written on June 19, 2024 at 2:14 am, by 王建军
Fundamental Analysis * Retail Slump: The Swiss Franc continues to strengthen against the dollar following the release of weak U.S. retail sales data on Tuesday. U.S. retail sales rose less than expected in May, increasing by only 0.1% after a downwardly revised 0.2% drop in April, falling short of the 0.3% forecast. The report attributedContinue Reading
Yen Strengthen In Hawkish BoJ Statement
Written on June 18, 2024 at 6:09 am, by 王建军
Market Summary The U.S. dollar is hovering near its recent high levels amid global navigation through Eurozone political uncertainty and the divergence in central bank monetary policies. Besides the U.S. dollar, market attention is focused on the Australian dollar today as the Reserve Bank of Australia (RBA) is set to announce its interest rate decision,Continue Reading
