About: 王建军
Recent Posts by 王建军
USD/CAD Retreats On Profit Taking, Eyes PCE
Fundamental Analysis * Profit Pullback: The USD/CAD pair has taken a breather and retreated from its high as investors begin profit-taking after digesting better-than-expected U.S. GDP data. According to the Commerce Department’s report on Thursday, the initial estimate of the US Real Gross Domestic Product (GDP) for the April-to-June period showed a 2.8% annualized growthContinue Reading
Wall Street Dip on AI Jitters
Market Summary The U.S. equity market experienced one of its worst trading days this year, with the Nasdaq leading the decline, plunging more than 700 points in the last session. Investor concerns over the AI sector surged following Tesla’s earnings miss and Google’s higher-than-expected spending, both of which saw sharp declines. Meanwhile, the dollar remainedContinue Reading
Japanese Yen Soars Following Hawkish BoJ
Fundamental Analysis * Yen Frenzy: The Japanese Yen (JPY) continues to strengthen against the dollar, driven by expectations that the Bank of Japan (BoJ) will raise interest rates at next week’s policy meeting. Toshimitsu Motegi, a senior official in the ruling party, has urged the BoJ to more transparently communicate its plans to normalize monetaryContinue Reading
