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About: jonywang

Recent Posts by jonywang

U.S. PCE Reading Boost Dollar Strength

The much-anticipated U.S. PCE reading, the Federal Reserve’s preferred inflation gauge, was released yesterday, meeting market expectations at 2.4%. The much-anticipated U.S. PCE reading, the Federal Reserve’s preferred inflation gauge, was released yesterday, meeting market expectations at 2.4%. As the market awaits comments from Federal Reserve officials regarding the PCE inflation gauge, gold prices haveContinue Reading

Written on March 1, 2024 at 5:43 am

Categories: Daily Market Analysis

Trade Of The Day: Is EUR/USD Finally Escaping Consolidation?

eur/usd breakout from consolidation market trend 1 March 2024

Fundamental Analysis German Data Disappoints, Economic Weakness: The EUR/USD lost its upward momentum following a mix of lackluster German Retail Sales and Consumer Price Index (CPI) report that fell short of expectations. January’s German YoY Retail Sales of -1.4% were slightly better than the forecast of -1.5%, reflecting a modest improvement from the previous -1.7%.Continue Reading

Written on March 1, 2024 at 2:30 am

Categories: Trading Blog, Trading Knowledge

Upcoming Changes to Trading Hours

Dear Valued Client, Please be advised that the following instruments’ trading hours and market session times will be affected by the upcoming March holidays. Please refer to the table below outlining the affected instruments: Note: In the event of reduced liquidity in the market, spreads might significantly increase from their normal average level. The aboveContinue Reading

Written on February 29, 2024 at 6:03 am

Categories: 新闻公告

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