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About: 王建军

Recent Posts by 王建军

Yen Strengthen In Hawkish BoJ Statement

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

Written on June 18, 2024 at 6:09 am

Categories: Daily Market Analysis

Canadian Dollar Gains On Positive House Data

Fundamental Analysis * Housing Boost: The Canadian Dollar (CAD) is trading steadily but has seen modest gains against the US dollar following the release of unexpectedly strong housing data from Canada. Housing starts surged to a seven-month high of 264.5k on an annualized basis, exceeding the forecast of 247k. This increase was bolstered by intensifiedContinue Reading

Written on June 18, 2024 at 2:20 am

Categories: Trade Of The Day

Dollar Strengthens Amid Hawkish Fed Remarks

Market Summary The Dollar Index experienced a slight rebound as investors processed hawkish comments from Federal Reserve officials, particularly Minneapolis Fed President Neel Kashkari’s suggestion to delay rate cuts until December. This shift in sentiment strengthened the dollar, influencing various markets. Crude oil prices retraced from two-week highs as investors took profits amidst market uncertainties.Continue Reading

Written on June 17, 2024 at 2:23 am

Categories: Daily Market Analysis

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