Monthly Archives: April 2024
41654156156AUD/USD Plunged Amid Dovish RBA

Written on April 2, 2024 at 1:53 am, by 王建军
Fundamental Analysis * RBA Bombshell: The Aussie dollar have plunged against the dollar after the Reserve Bank of Australia (RBA) have delivered a dovish statement in its meeting minutes. The Reserve Bank of Australia (RBA) released the minutes from its March monetary policy meeting, revealing that the board did not entertain the possibility of increasingContinue Reading
Dollar Dominance: Fed’s Hawkish Remarks

Written on April 1, 2024 at 3:43 am, by 王建军
Market Summary The Dollar Index extended its upward trend, buoyed by hawkish remarks from Federal Reserve officials and robust inflation figures, including the Personal Consumption Expenditures (PCE) Price Index hitting 2.5% annually. Concurrently, safe-haven gold surged to record highs amidst subdued market sentiment, although concerns lingered regarding the Federal Reserve’s inflation-fighting stance. Attention now turnsContinue Reading
Loonie Rises On Bright Economic Outlook

Written on April 1, 2024 at 2:14 am, by 王建军
Fundamental Analysis * Loonie Comeback: The Canadian Dollar has surged against the dollar and other currency pairs as recent positive data release from Canada renewed confidence in Canada’s economic future, dampening expectations of immediate interest rate cuts by the Bank of Canada. In January, the Canadian Gross Domestic Product (GDP) saw growth surpassing expectations, expandingContinue Reading