About: 王建军
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Pound Sterling Slips Amid BoE Rate Decision

Fundamental Analysis * Dovish Tone: The GBP/USD exchange rate declined after the Bank of England (BoE) decided to keep interest rates at 5.25%. The accompanying statement indicated the decision was “finely balanced,” implying there was a significant risk the BoE might have opted to cut rates. The language of the accompanying statement and minutes wasContinue Reading
Written on June 21, 2024 at 2:42 am
Categories: Trade Of The Day
Focus On Today’s BoE Interest Rate Decision

Market Summary The financial market remained relatively quiet as the U.S. celebrated its National Independence Day holiday yesterday, resulting in a halt for the U.S. equity market. However, the equity market futures remained bullish, catalysed by the tech sector. Attention now turns to the Pound Sterling as the Bank of England’s (BoE) interest rate decisionContinue Reading
Written on June 20, 2024 at 5:36 am
Categories: Daily Market Analysis
New Zealand Dollar Rose Amid New Zealand’s Recession Exit

Fundamental Analysis * Kiwi Comeback: The New Zealand dollar has edged higher against the US dollar, driven by stronger-than-expected GDP data for the first quarter. New Zealand’s economy grew by 0.2% quarter-on-quarter in Q1, up from 0% in the previous quarter, surpassing expectations according to Statistics New Zealand’s report on Thursday. On an annual basis,Continue Reading
Written on June 20, 2024 at 2:05 am
Categories: Trade Of The Day
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