Monthly Archives: February 2024
41654156156Dollar Eases Ahead Of FOMC Meeting Minutes
Written on February 21, 2024 at 5:14 am, by 王建军
As the FOMC January meeting minutes loom, the Dollar Index (DXY) is losing steam, struggling to maintain its value above $104. As the Federal Open Market Committee (FOMC) January meeting minutes loom, the Dollar Index (DXY) is losing steam, struggling to maintain its value above $104. Conversely, gold prices are surging due to the softenedContinue Reading
China Cuts Mortgage Rate To Revive Property Market
Written on February 20, 2024 at 5:35 am, by 王建军
China has executed its most substantial cut on record to the five-year loan prime rate in an effort to stimulate its economy. China has executed its most substantial cut on record to the five-year loan prime rate in an effort to stimulate its economy. However, the equity markets, including Hang Seng, have not responded positivelyContinue Reading
Dollar Retreats On Profit-Taking, Eyes On FOMC Minutes
Written on February 19, 2024 at 4:39 am, by 王建军
The US Dollar undergoes a notable retreat driven by profit-taking activities following recent gains, fueled by optimistic economic data The US Dollar undergoes a notable retreat driven by profit-taking activities following recent gains, fueled by optimistic economic data suggesting a delay in Federal Reserve interest rate cuts. Despite the pullback, the dollar’s overall resilience remains intact,Continue Reading
