Yearly Archives: 2024
41654156156Japanese Yen Fluctuation Eases after Rumour Clear
Written on April 30, 2024 at 5:16 am, by 王建军
Market Summary The Japanese Yen experienced a significant fluctuation, moving more than 500 pips against the U.S. dollar in the last trading session. This volatility was driven by market speculation regarding potential intervention by Japanese authorities after the Yen surpassed the 160 mark against the dollar. Meanwhile, market participants are also focusing on the upcomingContinue Reading
Loonie Weakens Ahead Of GDP, Oil Price Weigh.
Written on April 30, 2024 at 2:20 am, by 王建军
Fundamental Analysis * Loonie Lull: The Canadian dollar, which had been trading against both the U.S. dollar and other currencies, experienced a drop. This was due to a slight recovery in the U.S. dollar and a decrease in oil prices, both contributing to the currency’s decline. On U.S front, Federal Reserve officials, including Fed GovernorContinue Reading
Japanese Yen Seesaw after Hitting 160 Mark
Written on April 29, 2024 at 5:59 am, by 王建军
Market Summary The U.S. Personal Consumption Expenditures (PCE) data released last Friday slightly surpassed market expectations and the previous reading, supported by recent positive economic indicators in the U.S. This bolstered the dollar index, as investors interpreted the data as a sign that the Federal Reserve may scale back its plans for interest rate reductionsContinue Reading
