About: 王建军
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Dollar Buoys By Optimistic NFP Expectation
Market Summary The dollar index (DXY) briefly dipped below the pivotal $104 mark before rebounding in anticipation of the upcoming release of the Non-Farm Payrolls (NFP) report, introducing an element of volatility into the market. Recent positive economic indicators, particularly the ADP non-farm employment change figures, exceeding expectations, have buoyed market sentiment surrounding the USContinue Reading
Written on April 5, 2024 at 6:18 am
Categories: Daily Market Analysis, Market Insights
Yen Rebounds On BoJ’s Potential Intervention

Fundamental Analysis * Yen On the Edge: The Japanese Yen has slowly recovered its footing against the greenback following speculation of BoJ’s potential invention in the currency market. Earlier this week, Tatsuo Yamasaki, Japan’s former Vice Finance Minister for International Affairs, stated that Japan is prepared to intervene in the currency market if the JapaneseContinue Reading
Written on April 5, 2024 at 2:02 am
Categories: Trading Blog, Trading Knowledge
Bullish Gold Trades To All-Time High
Market Summary Gold prices have reached another milestone, currently trading steadily above $2300, as market sentiment leans towards the likelihood of a Federal Reserve interest rate cut this year. Federal Reserve Chair Jerome Powell’s speech yesterday reiterated the central bank’s stance, indicating that it will take more time to assess market conditions before considering aContinue Reading
Written on April 4, 2024 at 5:25 am
Categories: Daily Market Analysis, Market Insights
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