About: 王建军
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USD/CAD Extend Gains Amid Upbeat U.S Data

Fundamental Analysis * Diving Loonie: The Canadian Loonie continue to lose ground against the dollar as US Dollar has resumed its upward trend, propelled by retail consumption data surpassing expectations which affirming the robust momentum of the US economy. The US Census Bureau revealed that March’s Retail Sales grew by 0.7% growth YoY, which isContinue Reading
Written on April 16, 2024 at 2:03 am
Categories: Trading Blog, Trading Knowledge
Safe-Haven Surge Amid Rising Middle East Tensions

Market Summary Gold surged past $2400 per troy ounce, hitting record highs driven by geopolitical tensions and global uncertainty before retracing as technical indicators signalled overheating, prompting profit-taking. Despite this, gold saw a remarkable 20% surge since mid-February, catching investors off guard amid talks of Federal Reserve interest rate cuts. Geopolitical tensions escalated as IranContinue Reading
Written on April 15, 2024 at 4:14 am
Categories: Daily Market Analysis, Market Insights
Aussie Recovers, Mideast Risks May Limit Upside

Fundamental Analysis * Geopolitical Perils: AUD/USD sees a slight rebound from a two-month low reached on Friday, driven by profit taking among sellers while market focus on attention on escalating geopolitical tensions in the Middle East. Iran retaliated against Israel late Saturday with explosive drones and missiles following a suspected Israeli attack on its consulateContinue Reading
Written on April 15, 2024 at 2:45 am
Categories: Trading Blog, Trading Knowledge
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