About: 王建军
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Yen Slips On BoJ’s Continued Loose Policy Expectation
Fundamental Analysis * BoJ’s Ultra-Loose Policy Hopes Soar: The Japanese Yen continue to weaken against the greenback amid anticipations that the Bank of Japan (BoJ) will maintain its expansionary policy stance during the upcoming meeting on Tuesday. Currently, numerous underlying factors support the possibility of the BoJ moving away from negative interest rates. The BoJ’sContinue Reading
Written on March 18, 2024 at 1:42 am
Categories: Trading Blog, Trading Knowledge
Fears Of Inflationary Pressure Drive Dollar Rebound
Market Summary Amidst a flurry of economic data and speculation, the Dollar Index surged on the back of stronger-than-expected inflation figures, fueling expectations of impending interest rate hikes and bolstering US Treasury yields. Concurrently, crude oil prices maintained their upward momentum as the International Energy Agency forecasted a supply deficit for 2024, driven by improvedContinue Reading
Written on March 15, 2024 at 6:06 am
Categories: Daily Market Analysis, Market Insights
Central Banks’ Rate Decision: The Week to Watch.
Tuesday, 19 March 2024, 05:30 – RBA Interest Rate Decision (Mar) The RBA maintained the cash rate steady at 4.35% during its February meeting as widely expected by analysts. Reserve Bank governor Michele Bullock previously indicates her skepticism regarding the sustainability of inflation returning to the target level. Hence, the market expects the cash rateContinue Reading
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