About: 王建军
Recent Posts by 王建军
Aussie Dollar Soars After Strong Jobs Data, Post-FOMC
Fundamental Analysis * Flying Aussie: The AUD/USD pair rise for the second consecutive day, receiving an extra boost after the optimistic Australian jobs report. Notably, the Australian Employment Change exceeded even the most optimistic predictions, further supported by the weakening US Dollar following the FOMC meeting. In February, Australia’s unemployment rate decreased to 3.7%, surpassingContinue Reading
BoJ Dovish Rate Hike Weaken Japanese Yen
Market Summary The Bank of Japan (BoJ) has concluded its era of negative interest rates with its first rate hike since 2007, simultaneously ending its yield curve control (YCC) policy. Despite this adjustment, the Japanese central bank will persist in purchasing the country’s government bonds. This move has been characterised by the markets as aContinue Reading
Yen Plunges On BOJ Dovish Talk, Expect More Weakness
Fundamental Analysis * Yen Turbulence: The Japanese yen continue to experience depreciation against other currencies as the central bank’s reaffirmation of a dovish near-term outlook largely eclipsed any positive impact despite with BoJ interest rate hike. On Tuesday, the Bank of Japan raised interest rates by 0.1%, marking its first increase in 17 years. Additionally,Continue Reading
