About: 王建军
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Yen Rebounds On BoJ’s Potential Intervention
Fundamental Analysis * Yen On the Edge: The Japanese Yen has slowly recovered its footing against the greenback following speculation of BoJ’s potential invention in the currency market. Earlier this week, Tatsuo Yamasaki, Japan’s former Vice Finance Minister for International Affairs, stated that Japan is prepared to intervene in the currency market if the JapaneseContinue Reading
Written on April 5, 2024 at 2:02 am
Categories: Trading Blog, Trading Knowledge
Bullish Gold Trades To All-Time High
Market Summary Gold prices have reached another milestone, currently trading steadily above $2300, as market sentiment leans towards the likelihood of a Federal Reserve interest rate cut this year. Federal Reserve Chair Jerome Powell’s speech yesterday reiterated the central bank’s stance, indicating that it will take more time to assess market conditions before considering aContinue Reading
Written on April 4, 2024 at 5:25 am
Categories: Daily Market Analysis, Market Insights
Oil Price Rose On Supply Concerns
Fundamental Analysis * Supply Fears: Oil prices continue to climb amid concerns over reduced supply, as major producers continued to enforce output cuts, coupled with signs of robust economic expansion in the United States, the world’s largest oil consumer. The oil price is boosted by Ukraine’s attacks on Russian refineries, disrupting fuel supply, and concernsContinue Reading
Written on April 4, 2024 at 2:20 am
Categories: Trading Blog, Trading Knowledge
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