About: 王建军
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Central Banks’ Rate Decision: The Week to Watch.

Tuesday, 19 March 2024, 05:30 – RBA Interest Rate Decision (Mar) The RBA maintained the cash rate steady at 4.35% during its February meeting as widely expected by analysts. Reserve Bank governor Michele Bullock previously indicates her skepticism regarding the sustainability of inflation returning to the target level. Hence, the market expects the cash rateContinue Reading
GBP/USD Fell Amid Strong U.S Data, BoE Governor Comments

Fundamental Analysis * Renewed Greenback: The pound sterling has fallen against the dollar after robust U.S data, which has led to a resurgence in demand for the greenback. Data released by the US Census Bureau on Thursday indicated that U.S Retail Sales surged by 0.6% month-over-month (MoM) in February, rebounding from a downwardly revised -1.1%Continue Reading
Written on March 15, 2024 at 2:01 am
Categories: Trading Blog, Trading Knowledge
Dollar Flat, Eye On Pivotal Economic Data

Market Summary The Dollar Index retreated from resistance levels, as market participants applied profit-taking strategies ahead of crucial events. With attention shifting towards the pivotal Producer Price Index (PPI) and retail sales figures, investors seek insights into the economy’s trajectory and potential interest rate adjustments by the Federal Reserve. Meanwhile, US equity markets experienced aContinue Reading
Written on March 14, 2024 at 4:24 am
Categories: Daily Market Analysis, Market Insights
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