About: 王建军
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Dollar Hits 1-Week Low, Focus On PCE Report
The US Dollar grapples with a one-week low against major currencies as investors await critical US inflation data for Federal Reserve policy insights. The US Dollar grapples with a one-week low against major currencies as investors await critical US inflation data for Federal Reserve policy insights. Disappointing Q3 GDP figures, revealing a growth rate ofContinue Reading
Written on December 22, 2023 at 1:06 am
Categories: Daily Market Analysis
All Eyes On U.S. GDP
Traders are eagerly awaiting the release of U.S. GDP data later today as they seek insights into the overall strength of the dollar. The U.S. equity markets experienced selling pressure yesterday, retreating from their record high levels. This downturn was accompanied by a rebound in the VIX index, known as the fear gauge, signalling anContinue Reading
Written on December 21, 2023 at 5:51 am
Categories: Daily Market Analysis
Dollar Plunges On Reinforced Fed Dovish Stance
The U.S. dollar lost steam, with the dollar index retracing more than 0.3% yesterday. . The dovish tone from Richmond Fed president, weighed on Dollar demand. The U.S. dollar lost steam, with the dollar index retracing more than 0.3% yesterday. The dovish tone was reinforced by the Richmond Fed president, in contrast to his colleague’sContinue Reading
Written on December 20, 2023 at 5:13 am
Categories: Daily Market Analysis
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