About: 王建军
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USD/JPY Drops On BoJ’s Negative Rate Exit Speculation
Fundamental Analysis * Firm Rate Hike Bets: USD/JPY continue to extend its losing streak amid increasing expectation that the BoJ will shift away from its expansionary interest rate stance in the March monetary policy meeting. BoJ officials have suggested a prolonged period of favorable wage trends, aiming to maintain inflation consistently above the 2% target.Continue Reading
Written on March 12, 2024 at 1:48 am
Categories: Trading Blog, Trading Knowledge
Gold Surges To Record Highs As Gloomy Outlook
Market Summary The US Dollar faces challenges as key employment indicators present a mixed picture, with a disappointing unemployment rate and hourly earnings figures contrasting with a robust non-farm payroll report. The US Unemployment rate and Average Hourly Earnings came in at 3.90% and 0.10%, respectively, both worse than the expected 3.70% and 0.2%. However,Continue Reading
Written on March 11, 2024 at 4:35 am
Categories: Daily Market Analysis, Market Insights
Gold Soars As U.S Jobs Data Boost Early Rate Cut Bets
Fundamental Analysis * Rate Cut Anticipation Imminent: The gold price has skyrocketed to a record high as U.S jobs data fueled expectation that the Fed could initiate interest rate cuts soon. Friday’s data revealed that the U.S. economy added 275,000 jobs last month, surpassing economists’ expectations of 160,000 new jobs. Despite the increase in jobContinue Reading
Written on March 11, 2024 at 2:16 am
Categories: Trading Blog, Trading Knowledge
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