Yearly Archives: 2024
41654156156EUR/USD Rise As Dollar Weakens Across The Market – Test
Written on June 28, 2024 at 5:48 am, by 王建军
Fundamental Analysis * Data Drought : EUR/USD has slightly recovered from its low, primarily from the broad US dollar weakness due to a lack of significant data releases. The market is continuing to digest the possibility of the Fed reducing interest rates twice in 2024 amid easing inflationary pressures. The US Consumer Price Index (CPI)Continue Reading
Oil Price Dips As US Demand Slow, Rising Supply -Test
Written on June 28, 2024 at 5:47 am, by 王建军
Fundamental Analysis * Energy Ebb: The price of the crude oil have fell due to an unexpected increase in U.S. stockpiles, raising concerns about sluggish demand from the world’s largest oil consumer. The U.S. Energy Information Administration (EIA) reported a 3.6-million-barrel rise in the country’s crude oil stocks last week, surprising analysts polled by ReutersContinue Reading
Market Remains Hopeful On Rate Cut? All Eyes On PCE! -Test
Written on June 28, 2024 at 5:46 am, by 王建军
Tuesday, 25 June 2024, 16:00 – US CB Consumer Confidence (Jun) According to the U.S. Conference Board, consumer sentiment in the U.S. improved in May, with the CB Consumer Confidence Index rising to 102 from 97.5 in April. While the survey indicated a slight decline in consumers’ views of current business conditions, overall sentiment wasContinue Reading
