About: 王建军
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Pound Sterling Decline Amid Weak UK Employment Data

Fundamental Analysis * Sterling Stumble: The British Pound has resumed its downward trend against the dollar, following lackluster UK employment data. This has fueled speculation that the Bank of England could initiate rate cuts sooner than expected, leading to a decline in the value of the GBP.The number of claimants for unemployment benefits rose lessContinue Reading
Written on April 17, 2024 at 2:12 am
Categories: Trading Blog, Trading Knowledge
Upbeat U.S. Retail Sales Boost Dollar

Market Summary In yesterday’s trading session, the U.S. dollar saw appreciable gains, buoyed by stronger-than-expected U.S. Retail Sales data. This robust economic indicator has led market participants to speculate that the Federal Reserve might delay any prospective rate cuts due to persistent inflationary pressures. Amid ongoing geopolitical tensions in the Middle East, gold, a traditionalContinue Reading
Written on April 16, 2024 at 5:05 am
Categories: Daily Market Analysis, Market Insights
USD/CAD Extend Gains Amid Upbeat U.S Data

Fundamental Analysis * Diving Loonie: The Canadian Loonie continue to lose ground against the dollar as US Dollar has resumed its upward trend, propelled by retail consumption data surpassing expectations which affirming the robust momentum of the US economy. The US Census Bureau revealed that March’s Retail Sales grew by 0.7% growth YoY, which isContinue Reading
Written on April 16, 2024 at 2:03 am
Categories: Trading Blog, Trading Knowledge
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