Monthly Archives: December 2024
41654156156Can Position Trading be a Long-Term Investment Strategy?

Written on December 6, 2024 at 6:49 am, by 王建军
Position trading is a popular investment strategy that allows traders to take advantage of long-term market trends. By holding positions for extended periods, position traders aim to capitalize on significant price movements and maximize their investment returns. Unlike short-term trading or day trading, which focus on quick profits from short-lived price fluctuations, position trading emphasizesContinue Reading
Dollar Retreats on Jobless Claims, Eye on NFP

Written on December 6, 2024 at 4:14 am, by pumarketings
Market Summary The Dollar Index fell against six major currencies after US jobless claims rose to 224,000, exceeding the forecast of 215,000, dampening optimism ahead of the Nonfarm Payrolls report. Profit-taking weighed on the dollar, but rising US Treasury yields, supported by hawkish Fed remarks, limited losses as investors await further clarity on the laborContinue Reading
USD/CHF Dips On Weakening Dollar

Written on December 6, 2024 at 2:11 am, by pumarketings
Fundamental Analysis * Dollar Retreat: The USD/CHF pair faced selling pressure as the U.S. dollar weakened amid disappointing economic data. Recently, weaker-than-expected results from the ADP Non-Farm Employment Change and ISM Non-Manufacturing PMI intensified bearish sentiment, applying significant pressure on the greenback. Additionally, the Labor Department reported an increase in initial jobless claims to 224k,Continue Reading

